International Community Foundation

Analysis

International Community Foundation is a registered charity in United States, based in National City, CA. It received its IRS tax-exemption ruling in October 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, International Community Foundation reported income of $20.9m and spending of $18.1m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.6m to $20.9m (+65%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 104%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, International Community Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include United Way of Greater Charlotte ($20.9m), World of Giving Inc ($20.9m) and Community Foundation of Western Pennsylvania and Eastern Ohio ($20.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $233k (1.3% of expenses). Other salaries and wages came to $844k. At year end it held assets of $37.7m against liabilities of $5.8m, net assets of $31.8m. It reported 14 employees.