The International Council Of Shop Ping Centers Foundation Inc
ICSC Foundation maintains strong asset base with fluctuating revenues and no reported officer compensation.
EIN: 133525440 · New York, NY · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| Net Assets | $16.4M |
| Transparency Score | 88/100 |
Is The International Council Of Shop Ping Centers Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The International Council Of Shop Ping Centers Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The International Council Of Shop Ping Centers Foundation Inc
The International Council Of Shop Ping Centers Foundation Inc (EIN: 133525440) is a nonprofit organization based in New York, NY, classified under NTEE code B82. The organization reported total revenue of $2.5M and total assets of $17.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The International Council Of Shop Ping Centers Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The International Council Of Shop Ping Centers Foundation Inc is a mid-size nonprofit that has been operating for 35 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 14.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$814K |
| Total Assets | $16.4M |
| Total Liabilities | $6K |
| Net Assets | $16.4M |
| Operating Margin | 40.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 162.9 months |
Financial Health Grade: A
In 2023, The International Council Of Shop Ping Centers Foundation Inc reported a surplus of $814K with revenue exceeding expenses, holds 162.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), The International Council Of Shop Ping Centers Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | +40.4% | +11.1% |
| 2022 | +87.1% | +64.1% | -4.0% |
| 2021 | -77.1% | +8.5% | +8.1% |
| 2020 | +310.2% | -23.8% | +2.7% |
| 2019 | -13.3% | +1.7% | +16.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 The International Council Of Shop Ping Centers Foundation Inc with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The International Council Of Shop Ping Centers Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $814K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no direct compensation is paid to officers, which is a strong positive for resource allocation and transparency.
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 The International Council Of Shop Ping Centers Foundation Inc's IRS 990 filings:
- Significant revenue volatility year-over-year, potentially indicating reliance on inconsistent funding sources.
Strengths
The following positive indicators were identified for The International Council Of Shop Ping Centers Foundation Inc:
- Strong and growing asset base, reaching $16,432,443 in 2023.
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Low liabilities relative to assets, demonstrating strong financial health.
- Positive net income in most recent years (e.g., $2,024,402 revenue vs. $1,210,228 expenses in 2023).
Frequently Asked Questions about The International Council Of Shop Ping Centers Foundation Inc
Is The International Council Of Shop Ping Centers Foundation Inc a legitimate charity?
The International Council Of Shop Ping Centers Foundation Inc (EIN: 133525440) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.5M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does The International Council Of Shop Ping Centers Foundation Inc spend its money?
The International Council Of Shop Ping Centers Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The International Council Of Shop Ping Centers Foundation Inc tax-deductible?
The International Council Of Shop Ping Centers Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133525440). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The International Council Of Shop Ping Centers Foundation Inc's spending goes to programs?
The International Council Of Shop Ping Centers Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The International Council Of Shop Ping Centers Foundation Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), The International Council Of Shop Ping Centers Foundation Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The International Council Of Shop Ping Centers Foundation Inc located?
The International Council Of Shop Ping Centers Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133525440. It is classified under NTEE code B82.
How many years of IRS 990 filings does The International Council Of Shop Ping Centers Foundation Inc have?
The International Council Of Shop Ping Centers Foundation Inc has 14 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 $2.5M in total revenue.
Is The International Council Of Shop Ping Centers Foundation Inc a good charity?
Based on the provided data, the ICSC Foundation appears to be a financially stable organization with a strong asset base and a consistent record of not reporting officer compensation. Its ability to maintain significant assets ($16,432,443 in 2023) while managing expenses ($1,210,228 in 2023) suggests good financial stewardship. However, without detailed program spending breakdowns, a full assessment of its programmatic impact is limited.
What is the trend in the organization's revenue?
The organization's revenue has been highly variable, ranging from a peak of $4,339,911 in 2020 to a low of $746,180 in 2016. The latest reported revenue for 2023 was $2,024,402, showing a decrease from the 2020 peak but an increase from the 2022 revenue of $1,856,092.
How has the organization's asset base changed over time?
The organization has shown consistent growth in its asset base, increasing from $10,656,722 in 2014 to $16,432,443 in 2023, indicating a healthy accumulation of resources and financial stability.
What is the organization's liability situation?
Liabilities have generally been low relative to assets, with some fluctuations. In 2023, liabilities were $6,423, which is significantly lower than its assets of $16,432,443, indicating a strong financial position with minimal debt burden.
Filing History
IRS 990 filing history for The International Council Of Shop Ping Centers Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), The International Council Of Shop Ping Centers Foundation Inc's revenue has grown by 499.8%, moving from $338K to $2.0M. Total assets increased by 293.5% over the same period, from $4.2M to $16.4M. Total functional expenses rose by 415%, from $235K to $1.2M. In its most recent filing year (2023), The International Council Of Shop Ping Centers Foundation Inc reported a surplus of $814K, with revenue exceeding expenses. The organization holds $6K in liabilities against $16.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $16.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $1.2M | $16.4M | $6K | — | View 990 |
| 2022 | $1.9M | $862K | $14.8M | $135K | — | View 990 |
| 2021 | $992K | $525K | $15.4M | $39K | — | View 990 |
| 2020 | $4.3M | $484K | $14.3M | $0 | — | View 990 |
| 2019 | $1.1M | $636K | $13.9M | $523K | — | View 990 |
| 2018 | $1.2M | $625K | $12.0M | $356K | — | View 990 |
| 2017 | $2.0M | $1.2M | $12.6M | $381K | — | View 990 |
| 2016 | $746K | $670K | $11.4M | $357K | — | View 990 |
| 2015 | $1.4M | $632K | $10.8M | $138K | — | View 990 |
| 2014 | $3.4M | $676K | $10.7M | $85K | — | View 990 |
| 2013 | $2.8M | $555K | $8.0M | $484K | — | View 990 |
| 2012 | $557K | $358K | $4.8M | $224K | — | View 990 |
| 2011 | $119K | $225K | $4.2M | $16K | — | View 990 |
| 2010 | $338K | $235K | $4.2M | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $1.2M, and assets of $16.4M (revenue +9.1% year-over-year).
- 2022: Revenue of $1.9M, expenses of $862K, and assets of $14.8M (revenue +87.1% year-over-year).
- 2021: Revenue of $992K, expenses of $525K, and assets of $15.4M (revenue -77.1% year-over-year).
- 2020: Revenue of $4.3M, expenses of $484K, and assets of $14.3M (revenue +310.2% year-over-year).
- 2019: Revenue of $1.1M, expenses of $636K, and assets of $13.9M (revenue -13.3% year-over-year).
- 2018: Revenue of $1.2M, expenses of $625K, and assets of $12.0M (revenue -39.6% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.2M, and assets of $12.6M (revenue +171.0% year-over-year).
- 2016: Revenue of $746K, expenses of $670K, and assets of $11.4M (revenue -45.9% year-over-year).
- 2015: Revenue of $1.4M, expenses of $632K, and assets of $10.8M (revenue -59.7% year-over-year).
- 2014: Revenue of $3.4M, expenses of $676K, and assets of $10.7M (revenue +22.9% year-over-year).
- 2013: Revenue of $2.8M, expenses of $555K, and assets of $8.0M (revenue +400.9% year-over-year).
- 2012: Revenue of $557K, expenses of $358K, and assets of $4.8M (revenue +368.4% year-over-year).
- 2011: Revenue of $119K, expenses of $225K, and assets of $4.2M (revenue -64.8% year-over-year).
- 2010: Revenue of $338K, expenses of $235K, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The International Council Of Shop Ping Centers Foundation Inc:
Data Sources and Methodology
This transparency report for The International Council Of Shop Ping Centers Foundation Inc 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.