Ipc Educational and Welfare Society of North America Inc

Analysis

Ipc Educational and Welfare Society of North America Inc is a registered charity in United States, based in Jericho, NY. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Ipc Educational and Welfare Society of North America Inc reported income of $489k and spending of $455k, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $332k to $489k (+47%), an average of +10% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ipc Educational and Welfare Society of North America Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include St Marys Foundation ($489k), Arizona Reservation Ministries ($489k) and Love Inc of Clay County ($489k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $196k against liabilities of $0, net assets of $196k.