Icia Inc

Analysis

Icia Inc is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Icia Inc reported income of $59k and spending of $46k, leaving 23% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $53k to $59k (+13%), an average of +13% a year. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Icia Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within IA. Charities of a similar size with the same main cause include Reading Babe Ruth League Inc ($59k), South Glens Falls Little League Inc ($59k) and Jersey Optional Gymnastics Association Inc ($59k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 84% and program service revenue 15% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.