Iola Theatre Association

Analysis

Iola Theatre Association is a registered charity in United States, based in Iola, KS. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover human services, 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 June 2024, Iola Theatre Association reported income of $309k and spending of $141k, leaving 54% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $107k to $309k (+188%), an average of +188% a year. The sharpest change came in the year to June 2024, when income rose by 188%. Over the whole period it spent 36% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Iola Theatre Association sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within KS. Charities of a similar size with the same main cause include Common Cup Ministry Inc ($309k), DC Family Child Care Association ($309k) and Freedom Farm ($309k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $298k against liabilities of $0, net assets of $298k.