Iccf Community Home

Analysis

Iccf Community Home is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in December 1970, 56 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 May 2023, Iccf Community Home reported income of $9.6m and spending of $9.3m, spending 97% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $12.3m to $9.6m (-22%), an average of -6.1% a year. The sharpest change came in the year to May 2021, when income rose by 24%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Iccf Community Home sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Chelsea Jewish North Shore Assisted Living Inc ($9.6m), Homeless Emergency Project Inc ($9.6m) and Next Step Strategies Inc ($9.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 39% and program service revenue 46% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $65.8m against liabilities of $35.8m, net assets of $30.0m.