Isu Facilities Corporation

Analysis

Isu Facilities Corporation is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Isu Facilities Corporation reported income of $2.4m and spending of $2.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.9m to $2.4m (-19%), an average of -5.2% a year. The sharpest change came in the year to June 2021, when income rose by 92%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Isu Facilities Corporation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within IA. Charities of a similar size with the same main cause include Southwest Center for Educational Excellence ($2.4m), Oakland Museum Womens Board ($2.4m) and Uncharted Learning NFP ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $34.9m against liabilities of $32.8m, net assets of $2.1m.