Idaho Regional Optical Network Inc

Analysis

Idaho Regional Optical Network Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in June 2009, 17 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Idaho Regional Optical Network Inc reported income of $3.0m and spending of $3.2m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $3.0m (-4.8%), an average of -1.2% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Idaho Regional Optical Network Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within ID. Charities of a similar size with the same main cause include Northern California Land Trust Inc ($3.0m), Lynndale Inc ($3.0m) and The Nazarene Fund ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $287k (8.8% of expenses). Other salaries and wages came to $472k. At year end it held assets of $6.1m against liabilities of $2.1m, net assets of $4.0m. It reported 7 employees.