Ivy Enrichment Fund Inc

Analysis

Ivy Enrichment Fund Inc is a registered charity in United States, based in White Plains, NY. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ivy Enrichment Fund Inc reported income of $141k and spending of $135k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $141k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ivy Enrichment Fund Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Leadership Institute for Women Ofcolor Attorneys in Law and Business ($141k), Delta Omega ($141k) and The Franklin County Education Foundation for Excellence ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $134k against liabilities of $0, net assets of $134k.