International Colorful Ministries Inc

Analysis

International Colorful Ministries Inc is a registered charity in United States, based in Millersville, PA. It received its IRS tax-exemption ruling in November 2021, 5 years ago. 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 2020, International Colorful Ministries Inc reported income of $188k and spending of $84k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2016 to December 2020, income fell from $201k to $188k (-6.7%), an average of -1.7% a year. The sharpest change came in the year to December 2019, when income dropped by 51%. Over the whole period it spent 45% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Colorful Ministries Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within PA. Charities of a similar size with the same main cause include New York Council of Defence Lawyers Educational Services Inc ($188k), Missoula Youth Football Inc ($188k) and The West Texas Jazz Society Inc ($188k).

On its Form 990-EZ for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $293k against liabilities of $0, net assets of $293k.