Ivy Charitable Foundation

Analysis

Ivy Charitable Foundation is a registered charity in United States, based in Charlottesville, VA. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ivy Charitable Foundation reported income of $54k and spending of $148k, spending 273% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $231k to $54k (-76%), an average of -30% a year. The sharpest change came in the year to December 2023, when income dropped by 74%. Over the whole period it spent 312% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ivy Charitable Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within VA. Charities of a similar size with the same main cause include Chisago Lakes Parent Teacher Org ($54k), Oregon Federation of Womens Club ($54k) and Beijing Chinese School Inc ($54k).

Compensation of current officers, directors and key employees was $110k (74% of expenses). At year end it held assets of $1.4m against liabilities of $2,812, net assets of $1.4m. It reported 1 employees.

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.