Idea Store Creative Reuse Center

Analysis

Idea Store Creative Reuse Center is a registered charity in United States, based in Urbana, IL. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Idea Store Creative Reuse Center reported income of $272k and spending of $282k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $161k to $272k (+69%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 98% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Idea Store Creative Reuse Center sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IL. Charities of a similar size with the same main cause include Bolton Land Trust Inc ($272k), Ecocity Builders ($272k) and Center for Sustainable Economy ($272k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $65k (23% of expenses). Other salaries and wages came to $83k. At year end it held assets of $58k against liabilities of $24k, net assets of $33k. It reported 16 employees.