Shane Isom Memorial Foundation

Analysis

Shane Isom Memorial Foundation is a registered charity in United States, based in Nederland, TX. It received its IRS tax-exemption ruling in August 2000, 26 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shane Isom Memorial Foundation reported income of $137k and spending of $86k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $98k to $137k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2020, when income rose by 108%. Over the whole period it spent 45% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Shane Isom Memorial Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Orleans Community Health Foundation Inc ($137k), Metal of Honor Fund ($137k) and Tilt Lab ($137k).

At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.