Island Volunteer Caregivers

Analysis

Island Volunteer Caregivers is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in August 1998, 28 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, Island Volunteer Caregivers reported income of $596k and spending of $480k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $364k to $596k (+64%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Island Volunteer Caregivers sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Savannah Electrical Joint Apprenticeship and Training Trust ($596k), Great Reno Balloon Race Inc ($597k) and College Area Economic Development Corporation ($596k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 3.6% of the total. Other salaries and wages came to $341k. At year end it held assets of $1.1m against liabilities of $23k, net assets of $1.1m. It reported 7 employees.