Martin and Mirash Ivanaj Foundation

Analysis

Martin and Mirash Ivanaj Foundation is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Martin and Mirash Ivanaj Foundation reported income of $524k and spending of $2,982, leaving 99% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,044 to $524k (+6417%), an average of +6417% a year. The sharpest change came in the year to December 2023, when income rose by 6417%. Over the whole period it spent 1.7% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Martin and Mirash Ivanaj Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Seed India ($524k), Harvest Initiative ($524k) and Teach to Transform Inc ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $546k against liabilities of $0, net assets of $546k.