Issachar Center
Analysis
Issachar Center is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Issachar Center reported income of $567k and spending of $509k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $525k to $567k (+8.1%), an average of +2.0% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 95% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Issachar Center sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Iglesia Rios de Agua Viva Centro de Avivamiento a Las Naciones ($566k), Swaminarayan Shubh Sanskar Sanstha Inc ($567k) and New Geneva Inc ($566k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 7.4% of the total. Compensation of current officers, directors and key employees was $207k (41% of expenses). Other salaries and wages came to $56k. At year end it held assets of $179k against liabilities of $24k, net assets of $156k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 93%
- Program services 7.4%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Iglesia Rios de Agua Viva Centro de Avivamiento a Las Naciones | Ogden | $566k |
| Swaminarayan Shubh Sanskar Sanstha Inc | Woodside | $567k |
| New Geneva Inc | Colorado SPGS | $566k |
| Futurechurch | Cleveland | $567k |