International Cultural Exchange Organization Inc

Analysis

International Cultural Exchange Organization Inc is a registered charity in United States, based in Folsom, CA. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, International Cultural Exchange Organization Inc reported income of $2.0m and spending of $2.0m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $2.0m (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2021, when income rose by 190%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, International Cultural Exchange Organization Inc 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 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Citizens Commission on Human Rights ($2.0m), Laboratoria Inc ($2.0m) and Sri Mathrudevi Viswashanthi Ashram Trust Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $376k (19% of expenses). Other salaries and wages came to $307k. At year end it held assets of $6.9m against liabilities of $2.9m, net assets of $4.0m. It reported 8 employees.