International Center for Global Communications Foundation Inc

Analysis

International Center for Global Communications Foundation Inc is a registered charity in United States, based in Great Neck, NY. It received its IRS tax-exemption ruling in February 1991, 35 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, International Center for Global Communications Foundation Inc reported income of $105k and spending of $86k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30k to $105k (+249%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 108%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, International Center for Global Communications Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Mrasna Inc ($105k), 3r Ministries Inc ($105k) and Gcon Gives ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $64k against liabilities of $158, net assets of $64k.