Icm Learning Academy
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
Where the income comes from
- Contributions & grants 24%
- Program services 76%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| On Goal Ltd | Milford | $601k |
| Almagd TV | Cincinnati | $602k |
| Ahu Global Inc | Davie | $601k |
| Iglesia Bautista Townwood | Missouri City | $602k |