Ic3 Institute Inc

Analysis

Ic3 Institute Inc is a registered charity in United States, based in Livingston, NJ. It received its IRS tax-exemption ruling in August 2020, 6 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, Ic3 Institute Inc reported income of $133k and spending of $214k, spending 161% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $51k to $133k (+158%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 436%. Over the whole period it spent 134% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ic3 Institute Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 52nd percentile within NJ. Charities of a similar size with the same main cause include Ohio Valley Educational Foundation Inc ($133k), College Station Cougar Band Boosters Inc ($133k) and Middle Schools of Woodland Music Boosters ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $52k against liabilities of $252k, net assets of -$199k.