Izumi Foundation

Analysis

Izumi Foundation is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Izumi Foundation reported income of $2.8m and spending of $3.0m, spending 109% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income grew from $2.7m to $2.8m (+3.8%), an average of +3.8% a year. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Izumi Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Bristol Hospital and Health Care Group Inc ($2.8m), National Forum for Heart Disease ($2.8m) and Fredericksburg Community Health Ctr ($2.8m).

Other salaries and wages came to $196k. At year end it held assets of $73.4m against liabilities of $1.8m, net assets of $71.6m. It reported 2 employees.