Icivics Inc

Analysis

Icivics Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Icivics Inc reported income of $16.9m and spending of $15.7m, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.7m to $16.9m (+198%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 150%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Icivics Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Hartford Public Library ($16.9m), University of Texas Law School Foundation ($16.9m) and Westside Inclusive School House Inc ($16.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $604k (3.8% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $23.6m against liabilities of $783k, net assets of $22.8m. It reported 62 employees.