I-Kuan Tao Fycd Cultural and Educational Association Washington

Analysis

I-Kuan Tao Fycd Cultural and Educational Association Washington is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, I-Kuan Tao Fycd Cultural and Educational Association Washington reported income of $86k and spending of $63k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $176k to $86k (-51%), an average of -16% a year. The sharpest change came in the year to June 2023, when income rose by 176%. Over the whole period it spent 60% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, I-Kuan Tao Fycd Cultural and Educational Association Washington sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 28th percentile within WA. Charities of a similar size with the same main cause include Indian Film Festival of Houston Inc ($86k), School of Theatrical Dance Inc ($86k) and Ukiah Symphony Association ($86k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $100k, net assets of $995k.