Center for Innovation in the Design and Construction Industry Foundat

Analysis

Center for Innovation in the Design and Construction Industry Foundat is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Center for Innovation in the Design and Construction Industry Foundat reported income of $282k and spending of $296k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $109k to $282k (+159%), an average of +61% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Innovation in the Design and Construction Industry Foundat sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Saint Michael Academy ($282k), Friends of the Thousand Oaks Library ($282k) and Marshall First Step Academy ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $220k against liabilities of $0, net assets of $220k.