Iglesias Gardens

Analysis

Iglesias Gardens is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Iglesias Gardens reported income of $268k and spending of $79k, leaving 70% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $165k to $268k (+62%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 18% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Iglesias Gardens sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Topeka Justice Unity and Ministry Project Inc ($268k), Wetzel-Tyler Child Advocacy Center ($268k) and Fly Brave Foundation ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $19k (25% of expenses). At year end it held assets of $362k against liabilities of $2,441, net assets of $360k. It reported 1 employees.