Isow Inc

Analysis

Isow Inc is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Isow Inc reported income of $927k and spending of $1.0m, spending 112% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $724k to $927k (+28%), an average of +8.6% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Isow Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within TN. Charities of a similar size with the same main cause include Sugar Maple Nature School ($927k), Core Educational Services ($927k) and Seneca Falls Library ($927k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $180k (17% of expenses). Other salaries and wages came to $234k. At year end it held assets of $174k against liabilities of $8,914, net assets of $165k. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.