Igogo International Inc

Analysis

Igogo International Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Igogo International Inc reported income of $470k and spending of $436k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $574k to $470k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Igogo International Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include Chapparells Baton & Drum Corps Inc ($470k), International Friendship Center ($470k) and Azuka Theatre Collective ($470k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $200k (46% of expenses). At year end it held assets of $441k against liabilities of $181k, net assets of $259k. It reported 2 employees.