Ihrsa Foundation Inc

Analysis

Ihrsa Foundation Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 2014, 12 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ihrsa Foundation Inc reported income of $140k and spending of $61k, leaving 57% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $156k to $140k (-9.9%), an average of -9.9% a year. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ihrsa Foundation Inc 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 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include Inherentance ($140k), Productive Lives Inc ($140k) and Bethel Park Community Foundation Incorporated ($140k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,452 against liabilities of $63k, net assets of -$62k.