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Izzy Foundation Inc

EIN 45-3459440 · Providence, RI

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak45 out of 100GovernanceGood86 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE IZZY FOUNDATION IS A NATIONAL NON-PROFIT LOCATED IN PROVIDENCE RHODE ISLAND WHOSE MISSION IS TO DESIGN, FUND AND IZSPIRE CRETIVE PROJECTS AND PROGRAMS FOR FAMILIES WHOSE CHILDREN HAVE CANCER OR OTHER LIFE ALTERING MEDICAL CONDITIONS TO LIVE, LAUGH, LOVE AND PLAY.

Income
$265,754
Spending
$444,004
Spent on programs
85%
Reserves
1.4 months of spending
Largest source of income
donations and private grants, 97%
Employees
7
Volunteers
159
Highest pay
$83,019, executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 45 out of 100. Higher than 13% of charities in its peer group (human services, $250k to $1m).

  • Reserves

    10 of 35

    Spendable reserves would cover 1.4 months of spending.

  • Debt

    20 of 20

    It owes 4% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 67% of income.

  • Income trend

    0 of 15

    Income fell 26% on the year before.

  • Spending floor

    15 of 15

    85% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 86 out of 100. Higher than 72% of charities in its peer group (human services, $250k to $1m).

  • Independent board

    25 of 25

    14 of 14 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $375,808 spent. THE IZZY FAMILY ROOM IS LOCATED ON THE 5TH FLOOR OF THE HASBRO CHILDREN'S HOSPITAL & IS A SPACE FOR INPATIENT FAMILIES. CHILDREN UNDERGOING CANCER TREATMENTS AND OTHER ILLNESSES ARE OFTEN IN THE HOSPITAL FOR PROLONGED STAYS, SOMETIMES LASTING MONTHS. THE IZZY FAMILY ROOM PROVIDES A RELAXING ENVIRONMENT TO VISIT WITH OTHERS, ENJOY A MEAL, MAKE COFFEE AND SPEND TIME TOGETHER AWAY FROM THE HOSPITAL ROOM. THERE ARE ALSO WEEKLY YOGA CLASSES, BIRTHDAY PARTIES, COMEDY SHOWS, HAIRCUTS, MASSAGES, FAMILY MOVIE NIGHT & MORE. SUPPORT GROUPS - CARE GROUP: THE IZZY FOUNDATION SPONSORS THIS UNIQUE GROUP OF CAREGIVERS WHICH GIVES AN OPPORTUNITY TO COME TOGETHER TO OFFER PEER SUPPORT TO OUR FELLOW PEDIATRIC CANCER FAMILIES. GRIEF GROUP: GIVES SUPPORT, UNDERSTANDING, COMPASSION, WARMTH & HOPE. THE FOUNDATION, ALONG WITH THE TOMORROW FUND, CO-SPONSOR THIS UNIQUE GROUP OF CAREGIVERS WHICH ALLOWS THE MEMBERS THE OPPORTUNITY TO GRIEVE AND COPE IN A SAFE SPACE WHILE BEING SURROUNDED BY OTHER PEERS WHO HAVE EXPERIENCED A SIMILAR LOSS.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 2012.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.