Issa TR Foundation Inc

Analysis

Issa TR Foundation Inc is a registered charity in United States, based in Davie, FL. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Issa TR Foundation Inc reported income of $827k and spending of $165k, leaving 80% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $6.3m to $827k (-87%), an average of -40% a year. The sharpest change came in the year to September 2022, when income dropped by 81%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Issa TR Foundation Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Mercy Hospital Foundation Inc ($827k), United Way of Franklin County ($828k) and Can Do Education Foundation ($827k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 171% of the total. At year end it held assets of $1.1m against liabilities of $124k, net assets of $961k.