Ike Fund Inc

Analysis

Ike Fund Inc is a registered charity in United States, based in Spearman, TX. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Ike Fund Inc reported income of $194k and spending of $44k, leaving 77% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $96k to $194k (+103%), an average of +103% a year. The sharpest change came in the year to December 2023, when income rose by 103%. Over the whole period it spent 18% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ike Fund Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Gabes Homes ($194k), Lupus Foundation of Colorado Inc ($194k) and Agrupaciones Del Oriente Boliviano USA ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.6% of the total. At year end it held assets of $239k against liabilities of $0, net assets of $239k.