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Iredell Statesville Community Enrichment Corporation Iscec

RegisteredEIN 56-1935432Statesville, NCPoverty relief
Income$124k2023-12
Spending$123ksame year
Spent / received-84%5-year average
Size in its cause38th pctPoverty relief
Exempt since1996Publicly supported organisat
Employees1latest return

Analysis

Iredell Statesville Community Enrichment Corporation Iscec is a registered charity in United States, based in Statesville, NC. It received its IRS tax-exemption ruling in June 1996, 30 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Iredell Statesville Community Enrichment Corporation Iscec reported income of $124k and spending of $123k, spending 99% of its income. Over the whole period it spent -84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Iredell Statesville Community Enrichment Corporation Iscec sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Bridge City Orangefield Ministerial ($124k), Cabo Rojo Blooming Economies Inc ($124k) and World Refugees Care ($124k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 7.5% of the total. Compensation of current officers, directors and key employees was $22k (18% of expenses). At year end it held assets of $7.0m against liabilities of $5.3m, net assets of $1.7m. It reported 1 employees.

Income and spending

$0$31k$62k$93k$124k2019 Income: -$369,5762019 Spending: $97,84720192020 Income: -$45,9722020 Spending: $102,04320202021 Income: -$256,8512021 Spending: $97,84720212022 Income: -$90,4982022 Spending: $116,15820222023 Income: $124,1242023 Spending: $123,3672023
IncomeSpending

Where the income comes from

  • Program services 7.5%
  • Other 92%

Similar-sized charities, same cause

CharityLocationIncome
Bridge City Orangefield MinisterialBridge City$124k
Cabo Rojo Blooming Economies IncSabana Grande$124k
World Refugees CareFrisco$124k
Luke 14 Ministries IncMorristown$124k