Issa Charities

Analysis

Issa Charities is a registered charity in United States, based in Rosemont, IL. It received its IRS tax-exemption ruling in April 1989, 37 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, Issa Charities reported income of $2.1m and spending of $1.2m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $998k to $2.1m (+106%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Issa Charities sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include Bridges of Greater New York Inc ($2.1m), 3 Rivers Community Foundation ($2.1m) and United Way of Jackson County Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $517k. At year end it held assets of $5.7m against liabilities of $321k, net assets of $5.4m. It reported 9 employees.