International Corrugated Packaging Foundation

Analysis

International Corrugated Packaging Foundation is a registered charity in United States, based in Itasca, IL. It received its IRS tax-exemption ruling in October 1988, 38 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, International Corrugated Packaging Foundation reported income of $811k and spending of $1.2m, spending 146% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $847k to $811k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income rose by 201%. Over the whole period it spent 52% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, International Corrugated Packaging Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within IL. Charities of a similar size with the same main cause include International Center for Middle Eastern-Western Dialogue ($809k), Village Focus International ($811k) and Keep Children in School Foundation ($809k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $204k (17% of expenses). Other salaries and wages came to $44k. At year end it held assets of $18.1m against liabilities of $366k, net assets of $17.7m. It reported 2 employees.