Institute of Contemporary Psychotherapy Inc
Analysis
Institute of Contemporary Psychotherapy Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Institute of Contemporary Psychotherapy Inc reported income of $143k and spending of $107k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $169k to $143k (-15%), an average of -4.1% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 77% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Institute of Contemporary Psychotherapy Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 24th percentile within DC. Charities of a similar size with the same main cause include Articulate Foundation Inc ($143k), Oremundo Inc ($143k) and Celina Band Booster Association ($143k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 35% of the total. At year end it held assets of $501k against liabilities of $0, net assets of $501k.
Income and spending
Where the income comes from
- Contributions & grants 64%
- Program services 35%
- Other 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Articulate Foundation Inc | Jersey City | $143k |
| Oremundo Inc | Palmhurst | $143k |
| Celina Band Booster Association | Celina | $143k |
| American Freedom Liberty Foundation Inc | West Chester | $143k |