Icpc Foundation

Analysis

Icpc Foundation is a registered charity in United States, based in Woodway, TX. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Icpc Foundation reported income of $4.5m and spending of $3.0m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $4.5m (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Icpc Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Lorge School ($4.5m), Meadowbrook School ($4.5m) and Hodan Community Services Inc ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.3% of the total. Other salaries and wages came to $153k. At year end it held assets of $9.4m against liabilities of $6,783, net assets of $9.4m. It reported 2 employees.