Iesa Foundation

Analysis

Iesa Foundation is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in June 1992, 34 years ago. 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, Iesa Foundation reported income of $482k and spending of $441k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $424k to $482k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iesa Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Canby Kiwanis Foundation Inc ($482k), Mbef College & Career Academies ($482k) and Wyoming House Inc ($482k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $2.6m against liabilities of $1.7m, net assets of $872k.