Mica Inc

Analysis

Mica Inc is a registered charity in United States, based in Laurel, MD. It received its IRS tax-exemption ruling in April 2000, 26 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 September 2024, Mica Inc reported income of $53k and spending of $54k, spending 102% of its income. Across the 2 years on record, from September 2023 to September 2024, income grew from $51k to $53k (+4.9%), an average of +4.9% a year. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Mica Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within MD. Charities of a similar size with the same main cause include Fast-Nu Alumni Association ($53k), Encompass TR a Nonprofit Corporation ($53k) and Chifundo Medical Missions Inc ($53k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.