International Wire & Cable Symposium

Analysis

International Wire & Cable Symposium is a registered charity in United States, based in Burke, VA. It received its IRS tax-exemption ruling in March 1977, 49 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, International Wire & Cable Symposium reported income of $518k and spending of $675k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $767k to $518k (-32%), an average of -9.3% a year. The sharpest change came in the year to December 2022, when income rose by 153%. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Wire & Cable Symposium sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Athletics Foundation of Norfolk State University Inc ($518k), National Church Residences of ($518k) and Massachusetts Bicycle Coalition Incorporated ($518k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 98% of the total. At year end it held assets of $604k against liabilities of $53k, net assets of $551k.