Ivy Enrichment Foundation of Tampa Bay Inc

Analysis

Ivy Enrichment Foundation of Tampa Bay Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in June 1981, 45 years ago. 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, Ivy Enrichment Foundation of Tampa Bay Inc reported income of $325k and spending of $104k, leaving 68% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $325k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ivy Enrichment Foundation of Tampa Bay Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Achieve Foundation of South Orange and Maplewood Inc ($325k), Johnny Heflin Community Foundation ($325k) and Permian High School Band Boosters ($325k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.9m against liabilities of $17k, net assets of $1.8m.