International Child Resource Exchange Institute

Analysis

International Child Resource Exchange Institute is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in September 1982, 44 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 June 2023, International Child Resource Exchange Institute reported income of $17.1m and spending of $15.7m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $12.1m to $17.1m (+41%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Child Resource Exchange Institute sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Sholom Home West Inc ($17.1m), Institute for Humane Studies ($17.2m) and Solebury School ($17.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.4% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $274k (1.7% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $5.9m against liabilities of $977k, net assets of $4.9m. It reported 240 employees.