Iaai Foundation Inc

Analysis

Iaai Foundation Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Iaai Foundation Inc reported income of $68k and spending of $41k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $67k to $68k (+1.2%), an average of +0.3% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 96% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Iaai Foundation 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 27th percentile, and in the 25th percentile within TN. Charities of a similar size with the same main cause include Fund for Liberty and Justice Inc ($68k), Troy Volunteer Fire and Ambulance ($68k) and Johnson County Rural Fire District 2 ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $439k against liabilities of $11k, net assets of $428k.