Iowans For Tax Releif
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 532,816 | 504,358 | 28,458 | 231.1 | 55% |
| 2021 | 950,463 | 656,601 | 293,862 | 182.7 | 0% |
| 2022 | 368,117 | 655,027 | −286,910 | 146.4 | 0% |
| 2023 | 215,967 | 463,463 | −247,496 | 220.8 | 58% |
In its most recent public year (2023), this organization spent $247,496 more than it brought in. Its reserves stood at about 220.8 months of spending, down from 231.1 in 2020. Staff pay was 58% of spending. $6,324,506 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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