Indian Wells Economic Development Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To enhance the local economy and quality of life for the Indian Wells Valley.
- Income
- $23,970
- Spending
- $42,396
- Reserves
- 24.2 months of spending
- Largest source of income
- donations and private grants, 79%
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $873 spent. The Parade of 1000 Flags is a commemoration of September 11, 2001. The IWV Economic Development Corporation is partnering with The News Review in 2021 to ensure the continuation of this community-centric event started by the Ridgecrest Exchange Club in 2008. On Saturday, September 9, 2023, the 22nd anniversary of the attacks, 1,000 flag bearers parade down China Lake Blvd to Freedom Park where the flags will be posted. A short program follows.
- This program focuses on the needs of the area's largest employers to recruit and retain quality labor thus effecting the need for a higher quality of life and developing the local economy. This includes identifying resources to gather data and identify opportunities to support the economic development of the area and meet the community's needs. This fiscal year, focus was directed towards returning air service to the local community. A program has been developed around determining the feasibility of this task.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 2018.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.