Iaste Ltd

Analysis

Iaste Ltd is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Iaste Ltd reported income of $85k and spending of $85k, spending 99% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $213k to $85k (-60%), an average of -37% a year. The sharpest change came in the year to December 2022, when income dropped by 62%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Iaste Ltd sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within OR. Charities of a similar size with the same main cause include Eulenspiegel Puppet Theatre Company ($85k), Pony Express Pumkin Fest Inc ($85k) and Rekindle the Spirit ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 96% of the total. At year end it held assets of $68k against liabilities of $5,145, net assets of $63k.