Illyrian Gardens Inc

Analysis

Illyrian Gardens Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in September 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Illyrian Gardens Inc reported income of $1.7m and spending of $1.1m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.7m (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Illyrian Gardens Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Missionary Gospel Fellowship ($1.7m), Mount Pleasant Soccer Booster Club Inc ($1.7m) and Criminal Justice Alternatives ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 19% of the total. Other salaries and wages came to $187k. At year end it held assets of $2.4m against liabilities of $2.4m, net assets of -$13k.