Destination Caldwell Inc

Analysis

Destination Caldwell Inc is a registered charity in United States, based in Caldwell, ID. It received its IRS tax-exemption ruling in February 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Destination Caldwell Inc reported income of $1.6m and spending of $1.5m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.6m (+59%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Destination Caldwell Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within ID. Charities of a similar size with the same main cause include Quality Life Center of Southwest Florida Inc ($1.6m), Greater Newark Enterprises Corporation ($1.6m) and Ashland Development Corp ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 64% of the total. Other salaries and wages came to $693k. At year end it held assets of $1.7m against liabilities of $654k, net assets of $1.0m. It reported 49 employees.