Integrated Community Alternatives Network Inc

Analysis

Integrated Community Alternatives Network Inc is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in December 1998, 28 years ago. 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, Integrated Community Alternatives Network Inc reported income of $32.0m and spending of $30.0m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $13.2m to $32.0m (+142%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Integrated Community Alternatives Network Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Koinonia Foster Homes Inc ($32.0m), Phoenix Houses of Long Island Inc ($32.0m) and Bat Conservation International Inc ($31.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $479k (1.6% of expenses). At year end it held assets of $27.4m against liabilities of $12.4m, net assets of $14.9m. It reported 332 employees.