International Center for Captive Insurance Education Inc

Analysis

International Center for Captive Insurance Education Inc is a registered charity in United States, based in Shelburne, VT. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, International Center for Captive Insurance Education Inc reported income of $435k and spending of $429k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $387k to $435k (+13%), an average of +4.0% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Center for Captive Insurance Education Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 62nd percentile within VT. Charities of a similar size with the same main cause include Texas Choral Directors Association ($435k), Carmel High School Ovation Inc ($435k) and Westerhoff School of Music & Art Inc ($435k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $158k (37% of expenses). Other salaries and wages came to $69k. At year end it held assets of $321k against liabilities of $146k, net assets of $175k. It reported 4 employees.