Knock and Drop Iowa

Analysis

Knock and Drop Iowa is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 December 2023, Knock and Drop Iowa reported income of $439k and spending of $379k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $240k to $439k (+83%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Knock and Drop Iowa sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within IA. Charities of a similar size with the same main cause include Rancho Cucamonga V I P Club ($439k), Safety Council of Greater St Louis ($439k) and Community Early Learning Center of the Fox Valley Inc ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $6,125 (1.6% of expenses). At year end it held assets of $98k against liabilities of $0, net assets of $98k.