Institute for International Cooperation & Development Michigan

Analysis

Institute for International Cooperation & Development Michigan is a registered charity in United States, based in Dowagiac, MI. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Institute for International Cooperation & Development Michigan reported income of $280k and spending of $426k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $280k (-82%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 103% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Institute for International Cooperation & Development Michigan sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Waypoint Relief ($280k), Hopefound Inc ($280k) and Amigos de Las Americas ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $54k (13% of expenses). Other salaries and wages came to $103k. At year end it held assets of $238k against liabilities of $161k, net assets of $77k. It reported 6 employees.