Icthus International Inc

Analysis

Icthus International Inc is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in March 1986, 40 years ago. 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, Icthus International Inc reported income of $300k and spending of $342k, spending 114% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $219k to $300k (+37%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Icthus International Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Lincoln Midwest Ballet Company ($300k), Dartmouth School Music Association Inc ($300k) and Billy Defrank Lesbian and Gay Community Center ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $114k. At year end it held assets of $130k against liabilities of $971, net assets of $129k. It reported 2 employees.