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Issara Institute Inc

RegisteredEIN 47-4899085Dover, DEPoverty relief
Income$1.5m2023-12
Spending$1.9msame year
Spent / received108%5-year average
Size in its cause80th pctPoverty relief
Exempt since2016Publicly supported organisat
Employees1latest return

Analysis

Issara Institute Inc is a registered charity in United States, based in Dover, DE. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Issara Institute Inc reported income of $1.5m and spending of $1.9m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.5m (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2023, when income rose by 764%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Issara Institute Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within DE. Charities of a similar size with the same main cause include Empowerment Inc ($1.5m), Canine Partners for Life ($1.5m) and Fairhill Partners ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $332k (18% of expenses). At year end it held assets of $874k against liabilities of $97k, net assets of $777k. It reported 1 employees.

Income and spending

$0$693k$1.4m$2.1m$2.8m2019 Income: $1,177,6542019 Spending: $1,894,61020192020 Income: $1,997,4362020 Spending: $1,900,83820202021 Income: $2,771,7182021 Spending: $1,201,71120212022 Income: $172,6262022 Spending: $1,375,44820222023 Income: $1,492,3142023 Spending: $1,853,4502023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Empowerment IncChapel Hill$1.5m
Canine Partners for LifeCochranville$1.5m
Fairhill PartnersCleveland$1.5m
Bright Beginnings Academy IncElizabeth Cty$1.5m