Isla Affiliated Building Company

Analysis

Isla Affiliated Building Company is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in April 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Isla Affiliated Building Company reported income of $3.8m and spending of $1.7m, leaving 56% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $470k to $3.8m (+711%), an average of +101% a year. The sharpest change came in the year to June 2022, when income rose by 655%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Isla Affiliated Building Company sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Yeshiva Nachlei Torah Inc ($3.8m), University of Fort Lauderdale Inc ($3.8m) and Credential Engine Inc ($3.8m).

On its Form 990 for the period ending June 2022, revenue came from program service revenue 16% of the total. At year end it held assets of $14.1m against liabilities of $11.4m, net assets of $2.7m.