Ilazaro Charity

Analysis

Ilazaro Charity is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Ilazaro Charity reported income of $404k and spending of $372k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $799k to $404k (-49%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ilazaro Charity sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Pelican House Inc ($403k), Mangum Golden Age Apartments Inc ($404k) and For Our Lords Service Inc ($403k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $256k against liabilities of $0, net assets of $256k.