Institute for Indian Development Inc

Analysis

Institute for Indian Development Inc is a registered charity in United States, based in Houma, LA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Institute for Indian Development Inc reported income of $4.2m and spending of $3.5m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $4.2m (+59%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Institute for Indian Development Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within LA. Charities of a similar size with the same main cause include Catholic Charities of Southwest Kansas Inc ($4.2m), Proof Alliance ($4.2m) and Beloved Community Services Corporation ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $65k (1.9% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.5m against liabilities of $487k, net assets of $1.0m. It reported 230 employees.