Idaho Community Reinvestment Corporation

Analysis

Idaho Community Reinvestment Corporation is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Idaho Community Reinvestment Corporation reported income of $776k and spending of $795k, spending 102% of its income. Across the 6 years on record, from April 2019 to April 2024, income fell from $1.0m to $776k (-25%), an average of -5.6% a year. The sharpest change came in the year to April 2020, when income dropped by 19%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Idaho Community Reinvestment Corporation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within ID. Charities of a similar size with the same main cause include Opportunity Institute ($776k), Village Ltd ($776k) and Rescue Hill Nazarene Compassionate Ministry Center ($776k).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $78k (9.8% of expenses). At year end it held assets of $11.9m against liabilities of $10.6m, net assets of $1.3m.