Idaho Education News

Analysis

Idaho Education News is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in July 2017, 9 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Idaho Education News reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $940k to $1.1m (+12%), an average of +2.9% a year. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Idaho Education News sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within ID. Charities of a similar size with the same main cause include Next Level Community Development Center Inc ($1.1m), Capitol Market Inc ($1.1m) and Special Improvement District Borough of Redbank Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $172k (16% of expenses). Other salaries and wages came to $518k. At year end it held assets of $1.1m against liabilities of $2,314, net assets of $1.1m.