Sandpoint Resource Center Inc

Analysis

Sandpoint Resource Center Inc is a registered charity in United States, based in Sandpoint, ID. It received its IRS tax-exemption ruling in March 2011, 15 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 December 2023, Sandpoint Resource Center Inc reported income of $455k and spending of $321k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $185k to $455k (+146%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Sandpoint Resource Center Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within ID. Charities of a similar size with the same main cause include Northeast Indiana Foundation Inc ($455k), Northeast Neighborhood Revitalization Organizations Inc ($455k) and GP Lens Institute ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 53% of the total. Other salaries and wages came to $109k. At year end it held assets of $225k against liabilities of $5,755, net assets of $219k. It reported 7 employees.