I E C Social Educational & Humanitarian Aid Inc
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
Where the income comes from
- Contributions & grants 86%
- Program services 14%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Des Moines Area Community College Foundation | Ankeny | $4.8m |
| Downtown Denver Expeditionary School | Denver | $4.8m |
| Allegany Community College Foundation Inc | Cumberland | $4.8m |
| New City School | Minneapolis | $4.8m |