Izzy Foundation Inc

Analysis

Izzy Foundation Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in September 2012, 14 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, Izzy Foundation Inc reported income of $358k and spending of $313k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $186k to $358k (+93%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 184%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Izzy Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 60th percentile within RI. Charities of a similar size with the same main cause include Remerg ($358k), Fair Share Northgate II Inc ($358k) and Yosemite National Park Child Care Center ($358k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $143k. At year end it held assets of $232k against liabilities of $2,226, net assets of $230k. It reported 8 employees.