Ikron Corporation

Analysis

Ikron Corporation is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 1983, 43 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Ikron Corporation reported income of $9.3m and spending of $8.5m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.6m to $9.3m (+100%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ikron Corporation 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 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Community Assisted and Supported Living Inc ($9.3m), Potomac Comprehensive Diagnostic and Guidance Center Inc ($9.3m) and Community Care Center for Forsyth County ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Other salaries and wages came to $5.8m. At year end it held assets of $6.1m against liabilities of $740k, net assets of $5.4m. It reported 351 employees.