Island Country Club Charitable Foundation Inc

Analysis

Island Country Club Charitable Foundation Inc is a registered charity in United States, based in Marco Island, FL. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Island Country Club Charitable Foundation Inc reported income of $291k and spending of $289k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $183k to $291k (+59%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 88%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Island Country Club Charitable Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include River Valley United Way Inc ($291k), Golden Valley Bank Communityfoundation ($291k) and Richard M Genius Sr Trust for Central Baptist Home ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 114% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.