International Claim Association
International Claim Association shows strong financial growth and zero reported officer compensation.
EIN: 116062801 · Washington, DC · Updated: 2026-03-28
Is International Claim Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Claim Association directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About International Claim Association
International Claim Association (EIN: 116062801) is a nonprofit organization based in Washington, DC. The organization reported total revenue of $959K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Claim Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Claim Association is a small nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $962K |
| Total Expenses | $789K |
| Surplus / Deficit | +$173K |
| Total Assets | $1.6M |
| Total Liabilities | $142K |
| Net Assets | $1.4M |
| Operating Margin | 18.0% |
| Debt-to-Asset Ratio | 9.1% |
| Months of Reserves | 23.8 months |
Financial Health Grade: A
In 2023, International Claim Association reported a surplus of $173K with revenue exceeding expenses, holds 23.8 months of operating reserves (strong position), has a debt-to-asset ratio of 9.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), International Claim Association's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +53.8% | +9.0% | +13.6% |
| 2022 | +18.7% | +76.6% | -9.6% |
| 2021 | +13.1% | -19.8% | +11.5% |
| 2020 | -46.3% | -33.3% | +3.8% |
| 2019 | -7.3% | -7.6% | +16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1944 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates International Claim Association with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, International Claim Association allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $173K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not compensated, which is highly unusual for an organization of its size with nearly $1 million in annual revenue and over $1.5 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of International Claim Association's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data makes it difficult to fully assess efficiency.
- Consistent 0% officer compensation for an organization of this size is unusual and might warrant further investigation into how leadership is supported or compensated.
Strengths
The following positive indicators were identified for International Claim Association:
- Strong financial growth, with revenue nearly doubling from 2020 to 2023 ($465,840 to $962,015).
- Healthy asset-to-liability ratio, with assets of $1,566,498 significantly exceeding liabilities of $142,351 in 2023.
- Consistent positive net income in most years, contributing to asset growth.
- Excellent transparency with consistent IRS 990 filings over many years.
Frequently Asked Questions about International Claim Association
Is International Claim Association a legitimate charity?
Based on AI analysis of IRS 990 filings, International Claim Association (EIN: 116062801) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does International Claim Association spend its money?
International Claim Association directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to International Claim Association tax-deductible?
International Claim Association is registered as a tax-exempt nonprofit (EIN: 116062801). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is International Claim Association financially stable?
Yes, the organization appears financially stable. In 2023, it reported revenues of $962,015 against expenses of $789,220, resulting in a surplus. Its assets of $1,566,498 significantly outweigh its liabilities of $142,351, indicating a strong financial position.
How has the organization's revenue trended recently?
The organization has shown strong revenue growth in recent years, increasing from $465,840 in 2020 to $962,015 in 2023, nearly doubling its income over three years.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings, suggesting that its leadership roles are uncompensated or compensated through non-officer channels.
Filing History
IRS 990 filing history for International Claim Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), International Claim Association's revenue has grown by 45.8%, moving from $660K to $962K. Total assets increased by 60% over the same period, from $979K to $1.6M. Total functional expenses rose by 20.9%, from $653K to $789K. In its most recent filing year (2023), International Claim Association reported a surplus of $173K, with revenue exceeding expenses. The organization holds $142K in liabilities against $1.6M in assets (debt-to-asset ratio: 9.1%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $962K | $789K | $1.6M | $142K | — | — |
| 2022 | $625K | $724K | $1.4M | $186K | — | View 990 |
| 2021 | $527K | $410K | $1.5M | $185K | — | View 990 |
| 2020 | $466K | $511K | $1.4M | $168K | — | — |
| 2019 | $868K | $766K | $1.3M | $121K | — | — |
| 2018 | $936K | $829K | $1.1M | $91K | — | View 990 |
| 2017 | $826K | $707K | $1.1M | $113K | — | — |
| 2016 | $705K | $744K | $1.1M | $284K | — | View 990 |
| 2015 | $766K | $755K | $1.1M | $180K | — | View 990 |
| 2014 | $802K | $714K | $1.1M | $161K | — | View 990 |
| 2013 | $686K | $704K | $967K | $136K | — | View 990 |
| 2012 | $626K | $668K | $945K | $127K | — | View 990 |
| 2011 | $660K | $653K | $979K | $141K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $962K, expenses of $789K, and assets of $1.6M (revenue +53.8% year-over-year).
- 2022: Revenue of $625K, expenses of $724K, and assets of $1.4M (revenue +18.7% year-over-year).
- 2021: Revenue of $527K, expenses of $410K, and assets of $1.5M (revenue +13.1% year-over-year).
- 2020: Revenue of $466K, expenses of $511K, and assets of $1.4M (revenue -46.3% year-over-year).
- 2019: Revenue of $868K, expenses of $766K, and assets of $1.3M (revenue -7.3% year-over-year).
- 2018: Revenue of $936K, expenses of $829K, and assets of $1.1M (revenue +13.3% year-over-year).
- 2017: Revenue of $826K, expenses of $707K, and assets of $1.1M (revenue +17.1% year-over-year).
- 2016: Revenue of $705K, expenses of $744K, and assets of $1.1M (revenue -7.9% year-over-year).
- 2015: Revenue of $766K, expenses of $755K, and assets of $1.1M (revenue -4.4% year-over-year).
- 2014: Revenue of $802K, expenses of $714K, and assets of $1.1M (revenue +16.9% year-over-year).
- 2013: Revenue of $686K, expenses of $704K, and assets of $967K (revenue +9.6% year-over-year).
- 2012: Revenue of $626K, expenses of $668K, and assets of $945K (revenue -5.2% year-over-year).
- 2011: Revenue of $660K, expenses of $653K, and assets of $979K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Claim Association:
Data Sources and Methodology
This transparency report for International Claim Association 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.