Canopy Village Inc

Analysis

Canopy Village Inc is a registered charity in United States, based in Coeur D Alene, ID. It received its IRS tax-exemption ruling in March 1986, 40 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 December 2023, Canopy Village Inc reported income of $3.1m and spending of $2.1m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $3.1m (+128%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Canopy Village Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within ID. Charities of a similar size with the same main cause include Mifflin Juniata Area Agency on Aging Inc ($3.1m), Hawaii Leadership Forum ($3.1m) and Cozy Island Childcare Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $247k (12% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.3m against liabilities of $283k, net assets of $3.0m. It reported 69 employees.