Ikebana Iwaya Fund

Analysis

Ikebana Iwaya Fund is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in June 2006, 20 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, Ikebana Iwaya Fund reported income of $87k and spending of $24k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $87k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 34% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ikebana Iwaya Fund sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within DE. Charities of a similar size with the same main cause include Rotary Club of San Carlos Community Service Inc ($87k), Schilke-Novak Kids Sports Trust ($87k) and Wish of Rockaway Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $346k against liabilities of $0, net assets of $346k.