Iowa Aces 360
Analysis
Iowa Aces 360 is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Iowa Aces 360 reported income of $336k and spending of $329k, spending 98% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $181k to $336k (+86%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 100%. Over the whole period it spent 106% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Iowa Aces 360 sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within IA. Charities of a similar size with the same main cause include TVHC Facilities Inc ($336k), New Begining Fellowship Center ($336k) and Tri-Towns Ambulance Inc ($336k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $73k (22% of expenses). Other salaries and wages came to $139k. At year end it held assets of $23k against liabilities of $20k, net assets of $2,858. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Other 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| TVHC Facilities Inc | Hayward | $336k |
| New Begining Fellowship Center | Fountain Vly | $336k |
| Tri-Towns Ambulance Inc | Westernport | $336k |
| St Vincent de Paul Triparish Community Pharmacy | Houma | $336k |