Isd 88 Foundation

Analysis

Isd 88 Foundation is a registered charity in United States, based in New Ulm, MN. It received its IRS tax-exemption ruling in February 2014, 12 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, Isd 88 Foundation reported income of $79k and spending of $42k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $120k to $79k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2020, when income dropped by 59%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Isd 88 Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within MN. Charities of a similar size with the same main cause include Amado and J B Pena Art Has Heart Foundation ($79k), Mes Fund Inc ($79k) and Friends of the Childrens Library of Huntington Beach Ca ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Other salaries and wages came to $13k. At year end it held assets of $598k against liabilities of $17k, net assets of $580k. It reported 1 employees.