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Icm Learning Academy

RegisteredEIN 86-1290720Mason, OHReligion
Income$601k2023-12
Spending$470ksame year
Spent / received90%3-year average
Size in its cause86th pctReligion
Exempt since2022School
Employees5latest return

Analysis

Icm Learning Academy is a registered charity in United States, based in Mason, OH. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Icm Learning Academy reported income of $601k and spending of $470k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $274k to $601k (+119%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Icm Learning Academy sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include On Goal Ltd ($601k), Almagd TV ($602k) and Ahu Global Inc ($601k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Other salaries and wages came to $111k. At year end it held assets of $183k against liabilities of $2,840, net assets of $181k. It reported 5 employees.

Income and spending

$0$150k$301k$451k$601k2021 Income: $274,2692021 Spending: $291,48020212022 Income: $349,5942022 Spending: $336,68120222023 Income: $601,2482023 Spending: $469,9082023
IncomeSpending

Where the income comes from

  • Contributions & grants 24%
  • Program services 76%

Similar-sized charities, same cause

CharityLocationIncome
On Goal LtdMilford$601k
Almagd TVCincinnati$602k
Ahu Global IncDavie$601k
Iglesia Bautista TownwoodMissouri City$602k