Ieladeinu Inc

Analysis

Ieladeinu Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2005, 21 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, Ieladeinu Inc reported income of $694k and spending of $646k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $821k to $694k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ieladeinu Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Springs Golf Course ($693k), Fremont-Rideout Foundation ($694k) and Life Ring Foundation ($693k).

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 $66k against liabilities of $0, net assets of $66k.