The Ivymount Foundation Inc

Analysis

The Ivymount Foundation Inc is a registered charity in United States, based in Rockville, MD. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, The Ivymount Foundation Inc reported income of $747k and spending of $868k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $837k to $747k (-11%), an average of -2.8% a year. The sharpest change came in the year to June 2021, when income rose by 144%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Ivymount Foundation Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include Spokane Waldorf Education Association ($747k), Foundation for Excellence in Bridgeport Public Schools Inc ($747k) and Kol Hanearim of Monsey Inc ($747k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $8.3m against liabilities of $1.6m, net assets of $6.7m.