Interim Community Development Association

Analysis

Interim Community Development Association is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in September 1979, 47 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, Interim Community Development Association reported income of $5.5m and spending of $3.5m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.9m to $5.5m (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Interim Community Development Association sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Commonwealth Impact Foundation Inc ($5.5m), Apex for Youth Inc ($5.5m) and Siskiyou Opportunity Center ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $358k (10% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $23.1m against liabilities of $6.1m, net assets of $17.0m. It reported 34 employees.