International Culture Exchange Association

Analysis

International Culture Exchange Association is a registered charity in United States, based in Monterey Park, CA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 May 2024, International Culture Exchange Association reported income of $116k and spending of $90k, leaving 22% of income unspent that year. Across the 4 years on record, from May 2020 to May 2024, income fell from $142k to $116k (-19%), an average of -6.6% a year. The sharpest change came in the year to May 2023, when income rose by 4680%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, International Culture Exchange Association sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include American Akamba Association Inc ($115k), Foundation for Education in Honduras ($116k) and United by Friendship Inc ($115k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $201k against liabilities of $0, net assets of $201k.