Ishimwe Center

Analysis

Ishimwe Center is a registered charity in United States, based in Simi Valley, CA. It received its IRS tax-exemption ruling in March 2006, 20 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, Ishimwe Center reported income of $232k and spending of $171k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $252k to $232k (-8.0%), an average of -2.1% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ishimwe Center sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Thurston County Council on the Aging Inc ($232k), Families Caring for Children Inc ($232k) and Lions Club of Carpinteria ($232k).

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 $22k (13% of expenses). Other salaries and wages came to $99k. At year end it held assets of $787k against liabilities of $0, net assets of $787k.