Islaa Foundation

Analysis

Islaa Foundation is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Islaa Foundation reported income of $550k and spending of $513k, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $640k to $550k (-14%), an average of -4.9% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Islaa Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within KS. Charities of a similar size with the same main cause include Redemption Counseling Center ($550k), North Charleston Dental Outreach ($550k) and Medical Ministries Inc ($550k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.