Iseeyou Foundation Inc

Analysis

Iseeyou Foundation Inc is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Iseeyou Foundation Inc reported income of $368k and spending of $116k, leaving 68% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $368k (+285%), an average of +284% a year. The sharpest change came in the year to December 2023, when income rose by 285%. Over the whole period it spent 50% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Iseeyou Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include One Omaha ($368k), Albert Lea Freeborn County Chamber Foundation ($369k) and Pittsfield Economic Revitalization ($368k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $261k against liabilities of $3,916, net assets of $257k.