Ivy Community Service Foundation of Cary Inc

Analysis

Ivy Community Service Foundation of Cary Inc is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ivy Community Service Foundation of Cary Inc reported income of $81k and spending of $76k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $81k (+12%), an average of +12% a year. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ivy Community Service Foundation of Cary Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include MLC Preparatory Academy ($81k), LA Mirada High School Baseball Booster Club Inc ($81k) and Sba Scholarship Fund ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $194k against liabilities of $0, net assets of $194k.