I C P a Inc

Analysis

I C P a Inc is a registered charity in United States, based in Media, PA. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, I C P a Inc reported income of $3.6m and spending of $1.8m, leaving 49% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.6m (+21%), an average of +4.8% a year. Over the whole period it spent 58% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, I C P a Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within PA. Charities of a similar size with the same main cause include Marion & Polk Early Learning Hub Inc ($3.6m), Dove Charter Public School Foundation ($3.6m) and Bloomington Project School Inc ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $85k (4.6% of expenses). Other salaries and wages came to $481k. At year end it held assets of $10.3m against liabilities of $519, net assets of $10.3m. It reported 11 employees.