Isaiah 117 House

Analysis

Isaiah 117 House is a registered charity in United States, based in Elizabethton, TN. It received its IRS tax-exemption ruling in May 2018, 8 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, Isaiah 117 House reported income of $16.0m and spending of $7.3m, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $16.0m (+568%), an average of +61% a year. The sharpest change came in the year to December 2021, when income rose by 168%. Over the whole period it spent 37% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Isaiah 117 House sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Via Visually Impaired Advancement ($16.0m), Human Resources Center Inc ($16.1m) and Presbyterian Manor Inc ($16.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $193k (2.6% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $27.7m against liabilities of $278k, net assets of $27.4m. It reported 118 employees.