Incyte Charitable Giving Foundation
EIN: 371827916 · Wilmington, DE · NTEE: G12
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Net Assets | $309K |
Is Incyte Charitable Giving Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Incyte Charitable Giving Foundation
Incyte Charitable Giving Foundation (EIN: 371827916) is a nonprofit organization based in Wilmington, DE, classified under NTEE code G12. The organization reported total revenue of $1.2M and total assets of $209K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Incyte Charitable Giving Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Incyte Charitable Giving Foundation is a mid-size nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 18.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$36K |
| Total Assets | $309K |
| Total Liabilities | $1 |
| Net Assets | $309K |
| Operating Margin | 2.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2023, Incyte Charitable Giving Foundation reported a surplus of $36K with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Incyte Charitable Giving Foundation's revenue has grown at a compound annual growth rate (CAGR) of 18.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.4% | +44.7% | +13.2% |
| 2022 | +50.7% | +8.0% | +10831.0% |
| 2021 | -20.7% | -16.5% | -93.8% |
| 2020 | +45.3% | +45.9% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Incyte Charitable Giving Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Incyte Charitable Giving Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $36K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Incyte Charitable Giving Foundation
Is Incyte Charitable Giving Foundation a legitimate charity?
Incyte Charitable Giving Foundation (EIN: 371827916) is a registered tax-exempt nonprofit based in Delaware. It has 5 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: A.
How does Incyte Charitable Giving Foundation spend its money?
Incyte Charitable Giving Foundation reported $1.2M in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Incyte Charitable Giving Foundation tax-deductible?
Incyte Charitable Giving Foundation is registered as a tax-exempt nonprofit (EIN: 371827916). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Incyte Charitable Giving Foundation located?
Incyte Charitable Giving Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 371827916. It is classified under NTEE code G12.
How many years of IRS 990 filings does Incyte Charitable Giving Foundation have?
Incyte Charitable Giving Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for Incyte Charitable Giving Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Incyte Charitable Giving Foundation's revenue has grown by 95.2%, moving from $633K to $1.2M. Total assets increased by 666% over the same period, from $40K to $309K. Total functional expenses rose by 90.3%, from $630K to $1.2M. In its most recent filing year (2023), Incyte Charitable Giving Foundation reported a surplus of $36K, with revenue exceeding expenses. The organization holds $1 in liabilities against $309K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $309K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.2M | $309K | $1 | — | View 990 |
| 2022 | $1.1M | $829K | $273K | $1 | — | View 990 |
| 2021 | $730K | $768K | $3K | $1 | — | View 990 |
| 2020 | $920K | $920K | $40K | $1 | — | View 990 |
| 2019 | $633K | $630K | $40K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $309K (revenue +12.4% year-over-year).
- 2022: Revenue of $1.1M, expenses of $829K, and assets of $273K (revenue +50.7% year-over-year).
- 2021: Revenue of $730K, expenses of $768K, and assets of $3K (revenue -20.7% year-over-year).
- 2020: Revenue of $920K, expenses of $920K, and assets of $40K (revenue +45.3% year-over-year).
- 2019: Revenue of $633K, expenses of $630K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Incyte Charitable Giving Foundation:
Data Sources and Methodology
This transparency report for Incyte Charitable Giving Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.