Ignatian Spirituality Center Inc

Analysis

Ignatian Spirituality Center Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in May 1984, 42 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 June 2023, Ignatian Spirituality Center Inc reported income of $935k and spending of $743k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $669k to $935k (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2023, when income rose by 42%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ignatian Spirituality Center Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Christian Family Counseling Center Inc ($935k), Gap Connections Inc ($935k) and C2 Caption Coalition Inc ($935k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $2.6m against liabilities of $143k, net assets of $2.5m.