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I E C Social Educational & Humanitarian Aid Inc

RegisteredEIN 57-1196163Orlando, FLEducation and training
Income$4.8m2023-12
Spending$4.5msame year
Spent / received91%5-year average
Size in its cause89th pctEducation and training
Exempt since2004Publicly supported organisat
Employees89latest return

Analysis

I E C Social Educational & Humanitarian Aid Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 2004, 22 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, I E C Social Educational & Humanitarian Aid Inc reported income of $4.8m and spending of $4.5m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $4.8m (+61%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, I E C Social Educational & Humanitarian Aid Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Des Moines Area Community College Foundation ($4.8m), Downtown Denver Expeditionary School ($4.8m) and Allegany Community College Foundation Inc ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $2.3m (51% of expenses). At year end it held assets of $6.4m against liabilities of $3.8m, net assets of $2.6m. It reported 89 employees.

Income and spending

$0$1.2m$2.4m$3.6m$4.8m2019 Income: $2,949,5462019 Spending: $2,628,87220192020 Income: $3,032,7772020 Spending: $2,405,44820202021 Income: $3,335,7452021 Spending: $2,930,71520212022 Income: $3,640,0262022 Spending: $3,545,19120222023 Income: $4,761,4652023 Spending: $4,535,8992023
IncomeSpending

Where the income comes from

  • Contributions & grants 86%
  • Program services 14%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Des Moines Area Community College FoundationAnkeny$4.8m
Downtown Denver Expeditionary SchoolDenver$4.8m
Allegany Community College Foundation IncCumberland$4.8m
New City SchoolMinneapolis$4.8m