I D E S Society - of Half Moon Bay

Analysis

I D E S Society - of Half Moon Bay is a registered charity in United States, based in Half Moon Bay, CA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, I D E S Society - of Half Moon Bay reported income of $256k and spending of $208k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $253k to $256k (+1.5%), an average of +0.4% a year. The sharpest change came in the year to December 2021, when income rose by 129%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, I D E S Society - of Half Moon Bay sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Threads of Hope Inc ($256k), White County Community Resource Association Inc ($256k) and New Jersey Legislative Black Caucus Foundation Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $1.1m against liabilities of $59k, net assets of $994k.