International Development Enterprises

Analysis

International Development Enterprises is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in June 1983, 43 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, International Development Enterprises reported income of $38.5m and spending of $37.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $23.8m to $38.5m (+62%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, International Development Enterprises sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include World Medical Relief Incorporated ($38.0m), Finca International Inc ($38.7m) and Pact Global Microfinance Fund ($37.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $1.5m (4.0% of expenses). Other salaries and wages came to $14.6m. At year end it held assets of $19.1m against liabilities of $10.9m, net assets of $8.2m. It reported 67 employees.