American Indian Community Development Corporation

Analysis

American Indian Community Development Corporation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, American Indian Community Development Corporation reported income of $16.4m and spending of $12.5m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $16.4m (+195%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 145%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, American Indian Community Development Corporation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MN. Charities of a similar size with the same main cause include Washington and Jane Smith Home ($16.4m), Prairie Landing Community Inc ($16.4m) and Central Arizona Shelter Services Inc ($16.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $1.0m (8.3% of expenses). Other salaries and wages came to $6.3m. At year end it held assets of $43.6m against liabilities of $25.2m, net assets of $18.4m. It reported 332 employees.