Center for Innovation and Resources Inc

Analysis

Center for Innovation and Resources Inc is a registered charity in United States, based in Sebastopol, CA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Center for Innovation and Resources Inc reported income of $872k and spending of $909k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $949k to $872k (-8.1%), an average of -2.1% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Innovation and Resources Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Wsu Tech Foundation ($872k), Harmony School Christian Early Childhood Center ($872k) and Bridge of Georgia School Inc ($871k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $97k (11% of expenses). Other salaries and wages came to $367k. At year end it held assets of $378k against liabilities of $114k, net assets of $264k. It reported 9 employees.