International Coalition of Girls Schools Inc

Analysis

International Coalition of Girls Schools Inc is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in March 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, International Coalition of Girls Schools Inc reported income of $2.0m and spending of $2.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $2.0m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, International Coalition of Girls Schools Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within VA. Charities of a similar size with the same main cause include Pitt County Committee of 100 Inc ($2.0m), Community Development Corporation of Mishawaka Indiana ($2.0m) and Construction and Maintenance Education Foundation ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $409k (20% of expenses). Other salaries and wages came to $661k. At year end it held assets of $2.9m against liabilities of $1.0m, net assets of $1.9m. It reported 7 employees.