Ideo Org

Analysis

Ideo Org is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 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, Ideo Org reported income of $8.4m and spending of $13.6m, spending 163% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.8m to $8.4m (-39%), an average of -12% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 109% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ideo Org sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Partners for the Common Good Inc ($8.3m), Pueblo Diversified Industries Inc ($8.4m) and Northwest Community Alliance Inc ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $529k (3.9% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $5.8m against liabilities of $981k, net assets of $4.8m. It reported 65 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.