Iarcca Institute for Excellence Inc

Analysis

Iarcca Institute for Excellence Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 1999, 27 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Iarcca Institute for Excellence Inc reported income of $90k and spending of $288k, spending 319% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $565k to $90k (-84%), an average of -37% a year. The sharpest change came in the year to December 2022, when income rose by 578%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Iarcca Institute for Excellence Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within IN. Charities of a similar size with the same main cause include Minster Service Club Inc ($90k), Pearson Edith King T-W ($90k) and Christian Community Caring Center ($90k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 79% of the total. At year end it held assets of $492k against liabilities of $7,720, net assets of $484k.