Icare

Analysis

Icare is a registered charity in United States, based in Pinole, CA. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Icare reported income of $147k and spending of $101k, leaving 32% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $97k to $147k (+51%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 139%. Over the whole period it spent 56% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Icare sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Banding Together ($147k), Spine Institute for Quality Spine Iq Inc ($147k) and Devon C Rubenstein Foundation Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $584k against liabilities of $0, net assets of $584k.