Icpi Foundation for Education and Research

Analysis

Icpi Foundation for Education and Research is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Icpi Foundation for Education and Research reported income of $156k and spending of $322k, spending 207% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $231k to $156k (-33%), an average of -9.4% a year. The sharpest change came in the year to June 2021, when income rose by 68%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Icpi Foundation for Education and Research sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Rhinoplasty Society Inc ($156k), Chelmsford High School Alumni Association Inc ($156k) and Bancroft School Parent-Teachers Organization ($156k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $6.4m against liabilities of $71k, net assets of $6.4m.