Issac Org Inc

Analysis

Issac Org Inc is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Issac Org Inc reported income of $2.7m and spending of $1.8m, leaving 33% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $951k to $2.7m (+188%), an average of +42% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Issac Org Inc 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 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Mountain State Learning Solutions Inc ($2.7m), Wine Education Council Inc ($2.7m) and Banff School ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $113k (6.2% of expenses). Other salaries and wages came to $719k. At year end it held assets of $1.6m against liabilities of $556k, net assets of $1.1m. It reported 49 employees.