International Center for Professional Development

Analysis

International Center for Professional Development is a registered charity in United States, based in Murrieta, CA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Center for Professional Development reported income of $1.6m and spending of $1.5m, spending 89% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $611k to $1.6m (+167%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 72%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, International Center for Professional Development sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Eyebeam Atelier Inc ($1.6m), Middle Georgia Diversified Industries Inc ($1.6m) and Linking Employment Abilities & Potential ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $633k (43% of expenses). At year end it held assets of $240k against liabilities of $0, net assets of $240k.