Indian Christian Orthodox Network Charities Inc

Organization Overview

Indian Christian Orthodox Network Charities Inc, operating under the name ICON Charities, is located in Bettendorf, IA. The organization was established in 2008. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. ICON Charities is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, ICON Charities generated $126.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.2%) each year. All expenses for the organization totaled $182.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

OUR MISSION IS TO EMPOWER AND UPLIFT MARGINALIZED COMMUNITY MEMBERS WHO ARE DEPRIVED OF FUNDAMENTAL NECESSITIES, INCLUDING ACCESS TO EDUCATION, SECURE SHELTER, AND ESSENTIAL MEDICAL CARE. WE ARE DEDICATED TO IMPROVING THE OVERALL QUALITY OF THEIR LIVES BY ENSURING THAT THEY NOT ONLY RECEIVE THESE BASIC NEEDS BUT ALSO GAIN THE SUPPORT AND TOOLS REQUIRED TO THRIVE. BY ADDRESSING THESE FUNDAMENTAL NEEDS, OUR ORGANIZATION AIMS TO NOT JUST PROVIDE IMMEDIATE RELIEF BUT ALSO FOSTER LONG-TERM EMPOWERMENT WITHIN THESE MARGINALIZED COMMUNITIES. WE FIRMLY BELIEVE THAT BY ENHANCING ACCESS TO EDUCATION, SHELTER, AND MEDICAL CARE, WE CAN POSITIVELY IMPACT LIVES, INSTILL HOPE, AND ULTIMATELY CREATE A BRIGHTER FUTURE FOR ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WE FIRMLY BELIEVE THAT EDUCATION IS A POWERFUL TOOL FOR BREAKING THE CYCLE OF GENERATIONAL POVERTY. TO THIS END, WE HAVE INITIATED SEVERAL PROGRAMS, INCLUDING THE ICON EXCELLENCE AWARDS, DOSTI & PRERANA, WHICH PROVIDE PARTIAL AND FULL EDUCATIONAL ASSISTANCE TO BRIGHT AND DIFFERENTLY-ABLED STUDENTS FROM FINANCIALLY CHALLENGED BACKGROUNDS. IN THE CURRENT YEAR, WE HAVE EXTENDED OUR SUPPORT TO 616 COLLEGE STUDENTS, OFFERING THEM PARTIAL EDUCATIONAL ASSISTANCE. YOU CAN FIND FURTHER DETAILS ABOUT THESE STUDENTS AND OUR PROGRAMS AT HTTP://WWW.ICONEXCELLENCEAWARD.ORG. NOTABLY, THESE STUDENTS COME FROM ECONOMICALLY AND SOCIALLY DISADVANTAGED COMMUNITIES IN SOUTHERN STATES OF INDIA. IN ADDITION, WE HAVE ALSO MADE A MEANINGFUL IMPACT BY ASSISTING 80 MENTALLY CHALLENGED CHILDREN IN THEIR EDUCATIONAL PURSUITS AND LIFE SKILLS TRAINING. WE HAVE FORGED PARTNERSHIPS WITH INSTITUTIONS LIKE PRERANA SCHOOL IN NAGPUR, WHERE WE WORK TO PROVIDE TRAINING AND SUPPORT TO SPECIAL-NEEDS CHILDREN. YOU CAN ACCESS ADDITIONAL INFORMATION ABOUT THIS INITIATIVE AT HTTP://WWW.ICONCHARITIES.ORG/PR. OUR STRATEGIC FOCUS IS ON INCREASING OUR SUPPORT FOR FEMALE STUDENTS BECAUSE WE FIRMLY BELIEVE THAT EDUCATING GIRLS EMPOWERS THEM TO BECOME CHANGE-MAKERS WHO HAVE A POSITIVE IMPACT ON THEIR COMMUNITIES. AS WE CONTINUE TO INVEST IN EDUCATION, WE ASPIRE TO CREATE A BRIGHTER AND MORE EQUITABLE FUTURE FOR ALL.


OTHER EXPENSES


AS A TESTAMENT TO OUR UNWAVERING COMMITMENT TO ASSIST UNDERPRIVILEGED INDIVIDUALS IN MEETING THEIR HOUSING NEEDS, WE HAVE SUCCESSFULLY AIDED 22 FAMILIES IN CONSTRUCTING NEW HOMES AND RENOVATING EXISTING ONES TO ENSURE HABITABILITY. THESE BENEFICIARIES HAIL FROM PROFOUNDLY DISADVANTAGED FINANCIAL BACKGROUNDS. OUR GOAL IS TO PROVIDE THEM WITH NOT JUST SHELTER BUT A FOUNDATION FOR A MORE SECURE AND DIGNIFIED LIFE.


OUR HUMANITARIAN ASSISTANCE PROGRAM SERVES AS A CRUCIAL LIFELINE, OFFERING TEMPORARY FINANCIAL SUPPORT TO FAMILIES FACING DIRE CIRCUMSTANCES BEYOND THEIR CONTROL. THIS AID EXTENDS TO A VARIETY OF SITUATIONS, INCLUDING NATURAL DISASTERS, MEDICAL EMERGENCIES, AND PERSONAL HARDSHIPS. IN THE YEAR 2023, NUMEROUS INDIVIDUALS AND FAMILIES FOUND RELIEF THROUGH OUR MEDICAL ASSISTANCE PROGRAM, UNDERSCORING THE PIVOTAL ROLE WE PLAY IN HELPING THOSE IN THEIR TIMES OF GREATEST NEED.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Oommen Kappil
President
$0
Abraham Chirackal
Exec Director/secretary
$0
Biju Ninan
Treasurer
$0
Mathew Samuel
Director
$0
Dr Sally Nelson
Director
$0
Rajesh Vargheese
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$126,123
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$126,123
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $126,123

Peer Organizations

Organization NameAssets
Stifel Charitable Inc
St Louis, MO
$79,001,787
South Dakota Community Foundation
Pierre, SD
$69,242,401
The Hormel Foundation
Austin, MN
$37,415,875
Omni Behavioral Health
Omaha, NE
$24,593,407
Moose Charities Inc
Mooseheart, IL
$19,030,673
Veterans United Foundation
Columbia, MO
$10,604,307
Schuler Education Foundation
Lake Bluff, IL
$24,563,971
Faith Charitable Trust
Omaha, NE
$922,113
Vela Education Fund
Glencoe, IL
$16,079,595
Franciscan Sisters Of Chicago Service Corporation
Lemont, IL
$12,705,093
Midway Usa Foundation Inc
Columbia, MO
$45,219,850
Northland Foundation
Duluth, MN
$11,684,631
David Lynch Foundation For Consciousness-Based Education And
Fairfield, IA
$9,331,816
Steve Stricker American Family Insurance Foundation Inc
Madison, WI
$8,620,196
Nexus Community Partners
Saint Paul, MN
$3,363,856
Delta Dental Of Illinois Foundation
Naperville, IL
$2,531,608
Hope Gospel Mission Inc
Eau Claire, WI
$7,620,869
Mercy Health Corporation
Rockford, IL
$7,325,634
Thedacare Family Of Foundations Inc
Appleton, WI
$6,063,287
Ascension Wisconsin Foundation Inc
St Louis, MO
$10,957,441
Bass Pro Shops & Cabelas Outdoor Fund
Springfield, MO
$8,586,448
Community Foundation For The Land Of Lincoln Inc
Springfield, IL
$7,896,379
Pat Tillman Foundation
Chicago, IL
$4,945,986
Believers Stewardship Services Inc
Dubuque, IA
$5,402,636
The American Center For Philanthropy Inc
Northfield, MN
$5,365,464

Create an account to unlock the data you need.

or