Ionia Inc

Analysis

Ionia Inc is a registered charity in United States, based in Kasilof, AK. It received its IRS tax-exemption ruling in June 1997, 29 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), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ionia Inc reported income of $355k and spending of $483k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $467k to $355k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2020, when income rose by 97%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ionia Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 60th percentile within AK. Charities of a similar size with the same main cause include The Addis Clinic Inc ($355k), C-Line Counseling Center a NJ Nonprofit Corporation ($355k) and Holistic Community Outreach Center Inc ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $3.4m against liabilities of $433, net assets of $3.4m.