Cicoa Foundation Inc

Analysis

Cicoa Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Cicoa Foundation Inc reported income of $683k and spending of $1.4m, spending 204% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $700k to $683k (-2.5%), an average of -0.6% a year. The sharpest change came in the year to June 2020, when income rose by 124%. Over the whole period it spent 101% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Cicoa Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IN. Charities of a similar size with the same main cause include Essential Workers for Democracy ($683k), Cleveland County Abuse Prevention Council Inc ($683k) and New Sanctuary Movement of Philadelphia ($683k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% of the total. Other salaries and wages came to $310k. At year end it held assets of $2.6m against liabilities of $406k, net assets of $2.2m.