Eastern Idaho Development Corp

Analysis

Eastern Idaho Development Corp is a registered charity in United States, based in Pocatello, ID. It received its IRS tax-exemption ruling in April 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending September 2023, Eastern Idaho Development Corp reported income of $341k and spending of $310k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $462k to $341k (-26%), an average of -7.3% a year. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Eastern Idaho Development Corp sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within ID. Charities of a similar size with the same main cause include Kensington Education Foundation ($341k), Aaun Endowment Fund Inc ($341k) and H S Henton Trust for U of M ($341k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $77k (25% of expenses). Other salaries and wages came to $141k. At year end it held assets of $2.4m against liabilities of $399k, net assets of $2.0m.