Island Encounters

Analysis

Island Encounters is a registered charity in United States, based in Dublin, VA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Island Encounters reported income of $155k and spending of $156k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $201k to $155k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Island Encounters sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within VA. Charities of a similar size with the same main cause include Bread Shed ($155k), Kids Choice Inc ($155k) and Each and Every One Foundation ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $27k. At year end it held assets of $86k against liabilities of $0, net assets of $86k. It reported 4 employees.