Imc Charitable Foundation

Analysis

Imc Charitable Foundation is a registered charity in United States, based in Malvern, PA. It received its IRS tax-exemption ruling in September 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Imc Charitable Foundation reported income of $208k and spending of $149k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $242k to $208k (-14%), an average of -3.7% a year. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Imc Charitable Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Eddie Sutton Foundation ($208k), San Miguel Arcangel Missions ($208k) and White Family Supporting Foundation ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $320k against liabilities of $0, net assets of $320k.