Icast Internationl Center for Appropriate & Sustanabl Technology

Analysis

Icast Internationl Center for Appropriate & Sustanabl Technology is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Icast Internationl Center for Appropriate & Sustanabl Technology reported income of $32.4m and spending of $30.0m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.8m to $32.4m (+153%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Icast Internationl Center for Appropriate & Sustanabl Technology sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Orion Industries ($32.3m), Goodwill Industries of New Mexico ($32.5m) and Movement Strategy Center ($32.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $120k (0.4% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $10.1m against liabilities of $4.5m, net assets of $5.5m. It reported 137 employees.