Iowa City Area Sports Commission

Analysis

Iowa City Area Sports Commission is a registered charity in United States, based in Coralville, IA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 City Area Sports Commission reported income of $673k and spending of $660k, spending 98% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $107k to $673k (+530%), an average of +85% a year. The sharpest change came in the year to June 2023, when income rose by 287%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Iowa City Area Sports Commission sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 77th percentile within IA. Charities of a similar size with the same main cause include Fort Lauderdale Select FC Inc ($672k), San Francisco Youth Hockey Association ($673k) and Showtime Baseball of TN ($672k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 30% and program service revenue 70% of the total. Other salaries and wages came to $148k. At year end it held assets of $273k against liabilities of $0, net assets of $273k.