Ildusa Inc

Analysis

Ildusa Inc is a registered charity in United States, based in Nyack, NY. It received its IRS tax-exemption ruling in August 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Ildusa Inc reported income of $59k and spending of $60k, spending 102% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $23k to $59k (+151%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ildusa Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Proclamation House ($59k), Raise International Inc ($59k) and Ministerio Guerrero de Jesucristo Internacional Inc ($59k).

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 $121k against liabilities of $125k, net assets of -$3,509.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.