Ixs Foundation

Analysis

Ixs Foundation is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in December 2022, 4 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, Ixs Foundation reported income of $730k and spending of $347k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $603k to $730k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 51% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ixs Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within NV. Charities of a similar size with the same main cause include Threefold Education Association ($730k), Navigate STL Schools ($730k) and Global Education Benchmark Group ($730k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $695k against liabilities of $29k, net assets of $665k.