Islanders Childrens Foundation

Analysis

Islanders Childrens Foundation is a registered charity in United States, based in Floral Park, NY. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Islanders Childrens Foundation reported income of $1.9m and spending of $1.2m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $852k to $1.9m (+125%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 67% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Islanders Childrens Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 82nd percentile within NY. Charities of a similar size with the same main cause include Cement and Concrete Workers Training and Appreticeship Fund ($1.9m), Finger Lakes Grassroots Festival Organization Inc ($1.9m) and Stanley H Durwood Foundation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $2.0m against liabilities of $176k, net assets of $1.8m.