Igbo Community Civic Center Inc

Analysis

Igbo Community Civic Center Inc is a registered charity in United States, based in Rosedale, MD. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Igbo Community Civic Center Inc reported income of $170k and spending of $111k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $135k to $170k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Igbo Community Civic Center Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MD. Charities of a similar size with the same main cause include Hebrew Free Loan Society of Greater Philadelphia ($170k), Livingston County Community Development Corporation ($170k) and Friends of the Beverly Hills Public Library ($170k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.4m against liabilities of $922k, net assets of $1.5m.