December 2016 Annual Report

2016 Annual Report
FINANCES
ICC’S ANNUAL FINANCIAL REPORT 2015
An increasing number of individuals, churches, foundations, and other ministry partners
supported ICC during 2015 with record giving to our projects, and for general ministry support.
ICC always seeks ways to wisely use the Lord’s money for ministry to the persecuted
Church, and to maintain our administrative expenses at an absolute minimum. Our General
and Administrative Expenses and Fundraising Expenses as a percentage of Income was 9%
of our total income this past year.
A comparison of ICC’s financial results for the past five years follows:
Fiscal Year 2015 * 2014 2013 2012 2011
Income $2,732,166 $2,488,287 $2,131,624 $1,491,855 $1,234,958
Program Expenses ** $2,124,117 $2,050,614 $1,940,119 $1,299,477 $1,149,480
General & Admin. $181,009 $140,015 $146,019 $120,602 $96,193
Fundraising $72,910 $49,162 $55,728 $47,816 $33,974
Total Expenses $2,378,036 $2,239,791 $2,141,866 $1,467,895 $1,279,647
*2015 figures based on internal review until audit is complete.
**Program expenses are funds we are spending to do ministry.
ICC is a 501 (c) (3) tax-exempt
corporation organized in 1995 in
the State of Maryland.
All gifts to ICC are fully taxdeductible.
Our latest IRS Form
990 is available on our website at
www.persecution.org. Copies of the
latest independent financial audit
or IRS Form 990 are available for
cost of reproduction and postage.
Requests should be directed to us,
in writing, at 2020 Pennsylvania
Ave. NW, #941, Washington DC
20006-1846.
ICC BOARD OF DIRECTORS
JAMES SCHNABEL, CHAIRMAN
JEFF KING, PRESIDENT
CHRISTOPHER KIRK
WILLIAM NICKLES
SCOTT STREATOR
STEVE SWALES
ED WORMALD
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