Ifera Inc

Analysis

Ifera Inc is a registered charity in United States, based in Oviedo, FL. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. 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, Ifera Inc reported income of $188k and spending of $182k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $192k to $188k (-1.8%), an average of -1.8% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ifera Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Bangladesh Society Inc New York ($188k), Sacra Profana ($188k) and Arts Council of Southeast Missouri ($188k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.4% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.