Aice Inc

Analysis

Aice Inc is a registered charity in United States, based in Chevy Chase, MD. It received its IRS tax-exemption ruling in June 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Aice Inc reported income of $764k and spending of $236k, leaving 69% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $764k (+256%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 300%. Over the whole period it spent 73% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Aice Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include American Friends of the Association for the Adv of Com Centers in Isr ($762k), Matamoros Childrens Home Inc ($766k) and Solidarity Mission Africa for Reconciliation and Development ($762k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $158k (67% of expenses). At year end it held assets of $622k against liabilities of $8,150, net assets of $614k. It reported 1 employees.