Ici Educational Foundation

Analysis

Ici Educational Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1990, 36 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Ici Educational Foundation reported income of $283k and spending of $149k, leaving 47% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $283k to $283k (-0.2%), an average of +-0.0% a year. The sharpest change came in the year to September 2022, when income rose by 71%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ici Educational Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 34th percentile within DC. Charities of a similar size with the same main cause include Murphy Irish Arts Association ($283k), Community Trust Foundation Inc ($283k) and Boone County Fitness Center Inc ($283k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.