Downtown Boise Foundation

Analysis

Downtown Boise Foundation is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Downtown Boise Foundation reported income of $341k and spending of $148k, leaving 57% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $198k to $341k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 57% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Downtown Boise Foundation sits at the 61st percentile: it is larger than about 61% 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 Miami Childrens Initiative Inc ($341k), Innovative Opportunities Inc ($341k) and Sigmacamp Inc ($341k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. At year end it held assets of $235k against liabilities of $4,250, net assets of $231k.