Ican Missouri Foundation

Analysis

Ican Missouri Foundation is a registered charity in United States, based in Moberly, MO. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Ican Missouri Foundation reported income of $3.0m and spending of $1.9m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $3.0m (+91%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ican Missouri Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MO. Charities of a similar size with the same main cause include Center for Food Safety ($3.0m), Christian Credit Counselors Inc ($3.0m) and Central American Refugee Center Carecen Ny ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $106k (5.6% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.8m against liabilities of $69k, net assets of $3.7m. It reported 77 employees.