Iacc - Americas Learning Program Inc

Analysis

Iacc - Americas Learning Program Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2017, 9 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 December 2023, Iacc - Americas Learning Program Inc reported income of $224k and spending of $133k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $254k to $224k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2020, when income dropped by 57%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Iacc - Americas Learning Program Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within IL. Charities of a similar size with the same main cause include Tennessee Grocers Education Foundation ($224k), Trade School at Sbe Inc ($224k) and The Scholarship Foundation of Robertson County ($224k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $373k against liabilities of $108k, net assets of $266k.