NRecreation & SportsEIN: 261516990· Ruling Year: 2008

Iowa Harness Racing Association

Swisher, Iowa

B+Health Score
73B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$2.1M
Total Revenue
📊
$2.1M
Total Expenses
🏦
$841K
Net Assets
📋
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.8%
Year-over-year change (2022 → 2023)
Net Margin
-0.2%
Revenue minus expenses as % of revenue

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$2,128,8884%$2,132,7436%$840,764
2022$2,050,77755%$2,003,58221%$844,6186%
2021$1,325,98131%$1,651,63511%$797,42329%
2020$1,918,7512%$1,863,0006%$1,123,0785%
2019$1,878,5767%$1,762,34413%$1,067,32712%
2018$1,750,4855%$1,563,3582%$951,09524%
2017$1,674,0592%$1,589,0622%$763,96813%
2016$1,638,5332%$1,557,4026%$678,97123%
2014$1,677,6886%$1,658,3773%$551,6774%
2013$1,777,37415%$1,713,5916%$532,36614%
2012$2,081,862131%$1,829,783133%$468,583116%
2011$901,129$785,741$216,504

Frequently Asked Questions

What does Iowa Harness Racing Association do?

Iowa Harness Racing Association is a recreation & sports nonprofit organization based in Iowa. It is classified under NTEE code N70 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Iowa Harness Racing Association financially healthy?

Based on our 9-metric Financial Health Score model, Iowa Harness Racing Association has a score of 73/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Iowa Harness Racing Association generate?

Iowa Harness Racing Association reports $2.3M in annual revenue and holds $1.1M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Recreation & Sports category, or browse all nonprofits in Iowa.