Isar Incorporated

Analysis

Isar Incorporated is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Isar Incorporated reported income of $60k and spending of $285k, spending 473% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $237k to $60k (-75%), an average of -29% a year. The sharpest change came in the year to December 2022, when income rose by 135%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Isar Incorporated sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Columbia Basin Hospital Foundation ($60k), Little League Baseball Inc ($60k) and Friends of Cwla ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 18% of the total. At year end it held assets of $125k against liabilities of $130, net assets of $125k.