Icare4 Inc

Analysis

Icare4 Inc is a registered charity in United States, based in Evans, GA. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Icare4 Inc reported income of $276k and spending of $274k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $219k to $276k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Icare4 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 60th percentile, and in the 64th percentile within GA. Charities of a similar size with the same main cause include Connections 4 Kids ($275k), Omega Baltimore Foundation Inc ($276k) and Generation Life ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. At year end it held assets of $647k against liabilities of $784, net assets of $647k.