The Iddeal Foundation

Analysis

The Iddeal Foundation is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Iddeal Foundation reported income of $306k and spending of $286k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $257k to $306k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Iddeal Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include South Carolina Indian Development Council Inc ($306k), Concord Dance Club Inc ($306k) and Divine Mercy Academy Inc ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Other salaries and wages came to $18k. At year end it held assets of $51k against liabilities of $104k, net assets of -$53k.