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Community Friends of Ics Foundation Inc

RegisteredEIN 27-0749126Holly Springs, MSEducation and training
Income$113k2023-12
Spending$110ksame year
Spent / received81%2-year average
Size in its cause42nd pctEducation and training
Exempt since2010Publicly supported organisat
Employees–latest return

Analysis

Community Friends of Ics Foundation Inc is a registered charity in United States, based in Holly Springs, MS. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Community Friends of Ics Foundation Inc reported income of $113k and spending of $110k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $113k (+9.4%), an average of +9.4% a year. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Friends of Ics Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within MS. Charities of a similar size with the same main cause include Richland Elementary Parent Teachers Organization Inc ($113k), Modesto Educational Foundation ($114k) and New Caney Isd Education Foundation Inc ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.4% of the total. At year end it held assets of $173k against liabilities of $0, net assets of $173k.

Income and spending

$0$28k$57k$85k$113k2022 Income: $103,7292022 Spending: $66,00320222023 Income: $113,4862023 Spending: $109,5142023
IncomeSpending

Where the income comes from

  • Contributions & grants 0.4%
  • Other 100%

Similar-sized charities, same cause

CharityLocationIncome
Richland Elementary Parent Teachers Organization IncMemphis$113k
Modesto Educational FoundationLong Valley$114k
New Caney Isd Education Foundation IncNew Caney$113k
Code Our DreamsChicago$114k