Inland Empire Economic Partnership Foundation

Analysis

Inland Empire Economic Partnership Foundation is a registered charity in United States, based in Ontario, CA. It received its IRS tax-exemption ruling in August 1997, 29 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, Inland Empire Economic Partnership Foundation reported income of $194k and spending of $229k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.3m to $194k (-92%), an average of -46% a year. The sharpest change came in the year to December 2021, when income dropped by 82%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Inland Empire Economic Partnership Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 55th percentile within CA. Charities of a similar size with the same main cause include Black Retail Action Group Inc ($194k), Laurens County Humane Society ($194k) and Westside Community Action Network Inc ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $72k. At year end it held assets of $725k against liabilities of $197k, net assets of $528k. It reported 3 employees.