USA Ibc Foundation

Analysis

USA Ibc Foundation is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, USA Ibc Foundation reported income of $477k and spending of $329k, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $242k to $477k (+97%), an average of +18% a year. The sharpest change came in the year to September 2020, when income dropped by 166%. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, USA Ibc Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within MS. Charities of a similar size with the same main cause include Beautiful Day Foundation ($477k), Wells Family Resource Center ($477k) and Southwest Options for Women ($477k).

At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.