Ilid Inc

Analysis

Ilid Inc is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ilid Inc reported income of $188k and spending of $193k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $176k to $188k (+7.0%), an average of +7.0% a year. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ilid Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 59th percentile within NJ. Charities of a similar size with the same main cause include Anthem Rotary Foundation ($188k), Bnei Avrohom Society Inc ($188k) and Reading & Writing Ventures Foundation Inc ($188k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $433k against liabilities of $0, net assets of $433k.