Island Men

Analysis

Island Men is a registered charity in United States, based in Carolina BCH, NC. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Island Men reported income of $104k and spending of $72k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $104k (+10%), an average of +10% a year. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Island Men 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 38th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Cda 2030 ($104k), Crescent City Cafe Inc ($104k) and Operation Blue Pride ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.6% of the total. At year end it held assets of $93k against liabilities of $4,765, net assets of $89k.