Israelnow Education Foundation

Analysis

Israelnow Education Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2021, 5 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 June 2023, Israelnow Education Foundation reported income of $1.5m and spending of $1.5m, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $408k to $1.5m (+272%), an average of +55% a year. The sharpest change came in the year to June 2023, when income rose by 75%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Israelnow Education Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within IL. Charities of a similar size with the same main cause include Ethics Resource Center Inc ($1.5m), Virginia Center for the Creative Arts ($1.5m) and Texas Tactical Police Officers Association ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $193k against liabilities of $11k, net assets of $181k.