Isem Inc

Analysis

Isem Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Isem Inc reported income of $194k and spending of $306k, spending 158% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $169k to $194k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 169% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Isem Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Alpharetta Public Safety Foundation Inc ($194k), Orchid Foundation ($194k) and Somerville-Hawes Dads Night ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $81k. At year end it held assets of $1.8m against liabilities of $151k, net assets of $1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.