I-care Fund America Inc
Only null% goes to programs Thin reserves Declining revenue
I-care Fund America Inc is a 501(c)(3) organization based in Boston, Massachusetts, registered in 2009, with $4,158,515 in FY2024 revenue. CharityIndex grades it C.
139 Charles Street Suite 348, Boston, MA, 02114 EIN 26-2437362 Since 2009
Revenue (FY2024)
$4.2M
▲ 1.3% vs prior year
International median: $227K
Expenses (FY2024)
$4.1M
Net assets
$9,870
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
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-care Fund America Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +1% margin
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-care Fund America Inc: 0 mo reserves · +1% margin earns a C on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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-care Fund America Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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-care Fund America Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 139 Charles Street Suite 348, Boston, MA, 02114
- City
- Boston
- State
- Massachusetts
- Subcategory
- International Development & Relief
- Website
- …
Financial trends
Revenue grew from $2.1M (FY2013) to $4.2M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $581KNet assets $9,870
Operating margin
0.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$591K
Total liabilities
$581K
Net assets
$9,870
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,158,515▲1.3% | $4,136,276▼0.9% | $9,870▲180% | $590,833▼4.6% | 990 |
| 2023 | $4,104,741▼10.1% | $4,173,338▼13.5% | -$12,369▼113% | $619,052▲37.4% | 990 |
| 2022 | $4,565,493▼15.0% | $4,827,316▼10.3% | $96,726▼76.4% | $450,590▼61.3% | 990 |
| 2021 | $5,369,139▲42.5% | $5,383,284▲37.7% | $409,149▼8.1% | $1,163,819▲153% | 990 |
| 2020 | $3,768,995▲73.4% | $3,909,987▲50.3% | $445,355▼26.3% | $459,365▼26.7% | 990 |
| 2019 | $2,173,017▼20.9% | $2,601,320▲3.6% | $604,375▼43.0% | $626,530▼41.8% | 990 |
| 2018 | $2,747,343▲19.8% | $2,511,743▲24.1% | $1,061,002▲19.1% | $1,076,002▲17.7% | 990 |
| 2017 | $2,294,131▲24.5% | $2,023,188▼5.7% | $891,139▲38.6% | $914,144▲34.7% | 990 |
| 2016 | $1,842,648▼28.5% | $2,144,507▼12.3% | $642,750▼31.9% | $678,660▼28.7% | 990 |
| 2015 | $2,576,187▲47.8% | $2,446,174▼10.8% | $944,001▲14.3% | $952,216▲14.3% | 990 |
| 2014 | $1,742,719▼18.6% | $2,743,498▲299% | $825,601▼54.6% | $833,435▼54.4% | 990 |
| 2013 | $2,140,310 | $686,876▼34.9% | $1,819,041▲365% | $1,827,770▲365% | 990 |
| 2012 | — | $1,055,888 | $391,385 | $393,125 | 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.
Grants received · $6.1M total
51 grants to I-care Fund America Inc totaling $6.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $101,664 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $370,001 |
| American Online Giving Foundation Inc | General support | 2023 | $130,149 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $115,000 |
| National Philanthropic Tr | International | 2023 | $96,800 |
| Donor Advised Charitable Giving | International, foreign affairs | 2023 | $42,200 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $288,815 |
| National Philanthropic Tr | International | 2022 | $136,000 |
| Network For Good Inc | Unrestricted | 2022 | $72,717 |
| American Online Giving Foundation Inc | General support | 2022 | $45,763 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $22,000 |
| Paypal Charitable Giving Fund | General support | 2022 | $15,697 |
| Orange County Community Foundation | Community improvement and development | 2022 | $15,000 |
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Frequently asked questions
- Is I-care Fund America Inc a legitimate nonprofit?
- Yes. I-care Fund America Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-2437362, based in Boston, Massachusetts. Donations are tax-deductible.
- What is I-care Fund America Inc's EIN?
- I-care Fund America Inc's Employer Identification Number (EIN) is 26-2437362.
- How much revenue does I-care Fund America Inc report?
- I-care Fund America Inc reported $4,158,515 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does I-care Fund America Inc have?
- CharityIndex grades I-care Fund America Inc C, based on financial health (reserves and operating margin).
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Explore more
Data for I-care Fund America Inc (EIN 26-2437362) 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.