Idaho Law Foundation Inc

Analysis

Idaho Law Foundation Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in April 1975, 51 years ago. 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, Idaho Law Foundation Inc reported income of $1.5m and spending of $1.0m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $995k to $1.5m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Idaho Law Foundation Inc 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 83rd percentile, and in the 86th percentile within ID. Charities of a similar size with the same main cause include St Anthony Foundation ($1.5m), Pittock Mansion Society ($1.5m) and Agua Hedionda Lagoon Foundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $36k (3.6% of expenses). Other salaries and wages came to $393k. At year end it held assets of $3.9m against liabilities of $580k, net assets of $3.3m.