Internet Development Fund

Analysis

Internet Development Fund is a registered charity in United States, based in Chula Vista, CA. It received its IRS tax-exemption ruling in August 1999, 27 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 (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, Internet Development Fund reported income of $158k and spending of $217k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $226k to $158k (-30%), an average of -8.6% a year. The sharpest change came in the year to December 2020, when income rose by 153%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Internet Development Fund sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Friends of the Library of Flagler ($158k), Overlake Day School Inc ($158k) and Arlington Aquatic Club Boosters Inc Wakefield HS Swimming Pool ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.