Idaho Community Foundation Inc

Analysis

Idaho Community Foundation Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Community Foundation Inc reported income of $20.3m and spending of $13.9m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $21.9m to $20.3m (-7.3%), an average of -1.9% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 55% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Idaho Community Foundation Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within ID. Charities of a similar size with the same main cause include Lancaster County Community Foundation ($20.2m), New World Foundation ($20.3m) and Shalom Austin ($20.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. Compensation of current officers, directors and key employees was $401k (2.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $229.0m against liabilities of $273k, net assets of $228.8m. It reported 20 employees.