International Modapts Association Inc

Analysis

International Modapts Association Inc is a registered charity in United States, based in Jonesboro, AR. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, International Modapts Association Inc reported income of $67k and spending of $69k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $67k (+0.5%), an average of +0.5% a year. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, International Modapts Association Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within AR. Charities of a similar size with the same main cause include Darrington Community Club Inc ($67k), Nellie H Stevens Testementary Trusts ($67k) and Greater Dallas Korean American Chamber of Commerce ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $92k against liabilities of $4,000, net assets of $88k.