Isuochi Progressive Union of USA Inc

Analysis

Isuochi Progressive Union of USA Inc is a registered charity in United States, based in Rncho Cordova, CA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Isuochi Progressive Union of USA Inc reported income of $136k and spending of $86k, leaving 37% of income unspent that year. Across the 3 years on record, from August 2021 to August 2023, income grew from $74k to $136k (+83%), an average of +35% a year. The sharpest change came in the year to August 2023, when income rose by 41%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Isuochi Progressive Union of USA Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Penny Buck Junction ($136k), Joshua Chamberlain Society ($136k) and St Anthonys Conference of St Vincent de Paul NFP ($136k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 83% and program service revenue 3.1% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.