CIC Enugu Alumni Foundation Inc

Analysis

CIC Enugu Alumni Foundation Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2014, 12 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 December 2023, CIC Enugu Alumni Foundation Inc reported income of $90k and spending of $73k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $240k to $90k (-62%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, CIC Enugu Alumni Foundation Inc 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 34th percentile, and in the 17th percentile within DC. Charities of a similar size with the same main cause include Friends the PTO of Sutton Elementary School and Simonian ($90k), Rita Ledesma Home and School Club ($90k) and National Association of Church Facilities Managers ($90k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.