Iladd

Analysis

Iladd is a registered charity in United States, based in Zionsville, IN. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Iladd reported income of $906k and spending of $329k, leaving 64% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $311k to $906k (+191%), an average of +70% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 31% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Iladd sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within IN. Charities of a similar size with the same main cause include T G 108 Inc ($905k), Prairie Pines ($906k) and Safe Entry Inc ($904k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $90k (27% of expenses). Other salaries and wages came to $68k. At year end it held assets of $1.3m against liabilities of $10k, net assets of $1.3m. It reported 2 employees.