Izaak Walton League of America Inc

Analysis

Izaak Walton League of America Inc is a registered charity in United States, based in Chenoa, IL. It received its IRS tax-exemption ruling in April 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Izaak Walton League of America Inc reported income of $194k and spending of $34k, leaving 82% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.0m to $194k (-81%), an average of -81% a year. The sharpest change came in the year to December 2023, when income dropped by 81%. Over the whole period it spent 10% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Izaak Walton League of America Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include W Vernie Reed Memorial Fund ($194k), Woodstock Swimming Association ($194k) and Norton Youth Soccer League Inc ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 3.6% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.