International Child Art Foundation

Analysis

International Child Art Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, International Child Art Foundation reported income of $71k and spending of $71k, spending 100% of its income. Across the 3 years on record, from December 2018 to December 2023, income grew from $34k to $71k (+106%), an average of +44% a year. The sharpest change came in the year to December 2022, when income rose by 129%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Child Art Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 14th percentile within DC. Charities of a similar size with the same main cause include Sweet Adelines International ($71k), Ithaca Suzuki Institute Inc ($71k) and Twopoint4 Dance Theatre Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $500k, net assets of -$460k.