Impact Development Fund

Analysis

Impact Development Fund is a registered charity in United States, based in Loveland, CO. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Impact Development Fund reported income of $13.0m and spending of $7.1m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $13.0m (+210%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 118%. Over the whole period it spent 56% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Impact Development Fund sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Orlando Neighborhood Improvement Corporation Inc ($13.0m), Buckeye Community Hope Foundation ($13.1m) and National Housing Trust ($13.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $445k (6.2% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $126.2m against liabilities of $103.0m, net assets of $23.2m. It reported 50 employees.