Immigrant Development Center

Analysis

Immigrant Development Center is a registered charity in United States, based in Moorhead, MN. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Immigrant Development Center reported income of $588k and spending of $538k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2024, income grew from $106k to $588k (+457%), an average of +54% a year. The sharpest change came in the year to June 2021, when income rose by 207%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Immigrant Development Center sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Grafton County Economic Development Council ($588k), Crew Ministries Inc ($588k) and Alliance Lending Corporation ($588k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 9.5% of the total. Other salaries and wages came to $117k. At year end it held assets of $942k against liabilities of $942k, net assets of $0.