Isuroon

Analysis

Isuroon is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Isuroon reported income of $1.5m and spending of $2.0m, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.5m (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2020, when income rose by 196%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Isuroon sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include Southeastern Wake Adult Day Care Center ($1.5m), Carthage Area Rescue Squad Inc ($1.5m) and Dakota County Agricultural Society ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $134k (6.9% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.9m against liabilities of $1.9m, net assets of $991k. It reported 38 employees.