Iconicity Inc

Analysis

Iconicity Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Iconicity Inc reported income of $222k and spending of $311k, spending 140% of what it took in. Across the 3 years on record, from December 2019 to December 2022, income fell from $311k to $222k (-28%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 23%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iconicity Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Congregation Yesod Tikun Hatzdakos of Alexander Inc ($222k), Atlanta Tamil Church Inc ($222k) and Lifestyles of the Rich in Faith Church ($222k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 39% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $187k (60% of expenses). At year end it held assets of $91k against liabilities of $0, net assets of $91k.