The Isaacs Foundation

Analysis

The Isaacs Foundation is a registered charity in United States, based in Goodlettsvlle, TN. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, The Isaacs Foundation reported income of $471k and spending of $471k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $148k to $471k (+218%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 468%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Isaacs Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include Community Relief Fund for Glasgow- Barren County Inc ($471k), The Howard and Georgeanna Jones FNDTN for Reproductive Medicine ($471k) and Jewish Federation of the Bluegrass Inc ($470k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $17k (3.6% of expenses). At year end it held assets of $146k against liabilities of $592, net assets of $146k. It reported 2 employees.