Icd International Center for the Disabled Inc

Analysis

Icd International Center for the Disabled Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1933, 93 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Icd International Center for the Disabled Inc reported income of $1.4m and spending of $4.3m, spending 308% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.5m to $1.4m (-60%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 156%. Over the whole period it spent 316% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Icd International Center for the Disabled Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Los Alamos Visiting Nurse Service Inc ($1.4m), Boys and Girls Club of Westminster ($1.4m) and South Dakota Safety Council ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $410k (9.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $16.6m against liabilities of $1.5m, net assets of $15.1m. It reported 36 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.