Ilm Foundation

Analysis

Ilm Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ilm Foundation reported income of $116k and spending of $111k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $123k to $116k (-5.6%), an average of -5.6% a year. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ilm Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include St Bernadette Caritas Society Endowment Fund ($116k), Less Leg More Heart ($116k) and Love Matters Most Inc ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,114 against liabilities of $0, net assets of $5,114.