Ihya Foundation

Analysis

Ihya Foundation is a registered charity in United States, based in Grand Prairie, TX. It received its IRS tax-exemption ruling in March 2023, 3 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Ihya Foundation reported income of $348k and spending of $287k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $348k (+225%), an average of +225% a year. The sharpest change came in the year to December 2023, when income rose by 225%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ihya Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Happy Buddha Precious Temple Inc ($348k), Biblical Business Training Inc ($348k) and Kissing Well NFP ($348k).

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 $86k (30% of expenses). Other salaries and wages came to $62k. At year end it held assets of $89k against liabilities of $0, net assets of $89k. It reported 6 employees.