Intercambio de Comunidades

Analysis

Intercambio de Comunidades is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in September 2003, 23 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 2023, Intercambio de Comunidades reported income of $1.8m and spending of $2.1m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.8m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Intercambio de Comunidades sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Every Day Is a Miracle Inc ($1.8m), Grow Pittsburgh ($1.8m) and The Hub Center Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $188k (9.0% of expenses). Other salaries and wages came to $982k. At year end it held assets of $2.5m against liabilities of $170k, net assets of $2.3m. It reported 26 employees.