Indiana Valley Public Improvement Corporation

Analysis

Indiana Valley Public Improvement Corporation is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in July 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Indiana Valley Public Improvement Corporation reported income of $1.2m and spending of $1.3m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $463k to $1.2m (+157%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 683%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Indiana Valley Public Improvement Corporation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within CO. Charities of a similar size with the same main cause include Path Partners ($1.2m), Priorities Inc ($1.2m) and Small Business Aid Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $1.0m against liabilities of $43k, net assets of $967k.