Community Investment Fund Inc

Analysis

Community Investment Fund Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 2003, 23 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 April 2023, Community Investment Fund Inc reported income of $1.7m and spending of $1.4m, spending 84% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $1.1m to $1.7m (+63%), an average of +13% a year. The sharpest change came in the year to April 2022, when income rose by 126%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Investment Fund 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 85th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include The Los Angeles Development Fund ($1.7m), Florence Crittenton Services Inc ($1.7m) and Mason County Action Group Inc ($1.7m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.