Ivy Rose Foundation Incorporated

Analysis

Ivy Rose Foundation Incorporated is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in June 1996, 30 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, Ivy Rose Foundation Incorporated reported income of $74k and spending of $56k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $6,112 to $74k (+1111%), an average of +248% a year. The sharpest change came in the year to December 2022, when income rose by 352%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ivy Rose Foundation Incorporated sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within TN. Charities of a similar size with the same main cause include Las Animas Helping Hands ($74k), American Friends of Tikvot ($74k) and Trinity Second Century Foundation ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.