Isthmus Foundation

Analysis

Isthmus Foundation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 January 2024, Isthmus Foundation reported income of $80k and spending of $96k, spending 120% of what it took in. Across the 2 years on record, from January 2023 to January 2024, income fell from $84k to $80k (-4.5%), an average of -4.5% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Isthmus Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within MN. Charities of a similar size with the same main cause include Hope Christian Center ($80k), Ethnicity & Disease Inc ($80k) and Oakes Community Hospital Foundation ($80k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,074 against liabilities of $0, net assets of $1,074.