Ileri Inc

Analysis

Ileri Inc is a registered charity in United States, based in Christiansted, VI. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Ileri Inc reported income of $164k and spending of $216k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $197k to $164k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2021, when income rose by 113%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Ileri Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within VI. Charities of a similar size with the same main cause include Mindfulness Leader NFP ($164k), The Truth in the Spirit ($164k) and Alaska Business Week ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $61k (28% of expenses). Other salaries and wages came to $16k. At year end it held assets of $347k against liabilities of $160k, net assets of $187k. It reported 2 employees.