I C Corporation is a 501(c)(3) organization based in Roanoke, Virginia, registered in 1983, with $1,222,082 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$1.2M
▲ 5.1% vs prior year
Expenses (FY2023)
$1.2M
Net assets
$964K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for I C Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For I C Corporation: 10 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for I C Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For I C Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $987K (FY2013) to $1.2M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
5.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.5M
Total liabilities
$2.6M
Net assets
$964K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,222,082▲5.1% | $1,150,558▲20.8% | $963,732▲8.0% | $3,529,988▼4.5% | 990 |
| 2022 | $1,162,809▲3.1% | $952,652▼0.6% | $892,208▲30.8% | $3,696,714▲2.5% | 990 |
| 2021 | $1,127,703▲0.3% | $958,356▼10.7% | $682,051▲33.0% | $3,607,017 | 990 |
| 2020 | $1,124,659▲2.9% | $1,073,079▲3.5% | $512,704▼9.5% | $3,608,249▼3.3% | 990 |
| 2019 | $1,093,268▲1.3% | $1,036,732▲4.4% | $566,637▲11.1% | $3,731,694▼0.4% | 990 |
| 2018 | $1,079,122▲1.1% | $992,890▼2.5% | $510,101▲20.3% | $3,745,703▼0.9% | 990 |
| 2017 | $1,067,904▲1.0% | $1,018,451▲4.2% | $423,869▲13.2% | $3,780,878▼1.9% | 990 |
| 2016 | $1,056,980▲0.8% | $977,541▼1.0% | $374,416▲26.9% | $3,854,941▼3.6% | 990 |
| 2015 | $1,048,334▲4.7% | $987,737▲3.6% | $294,977▲25.9% | $3,997,678▼1.2% | 990 |
| 2014 | $1,001,327▲1.5% | $953,488▲2.5% | $234,380▲25.6% | $4,044,866▼2.3% | 990 |
| 2013 | $986,839 | $929,901 | $186,541 | $4,140,213 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for I C Corporation (EIN 52-1302828) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.