Island Grad Inc

Analysis

Island Grad Inc is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Island Grad Inc reported income of $72k and spending of $83k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $72k (+131%), an average of +131% a year. The sharpest change came in the year to December 2023, when income rose by 131%. Over the whole period it spent 112% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Island Grad Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Utah State Junior Livestock Show Inc ($72k), Kids Safe Foundation ($72k) and Wineries of Santa Clara Valley ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,325 against liabilities of $0, net assets of $2,325.