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Nonprofit · EIN 26-2437362

I-CARE FUND AMERICA INC

Tax-exempt · BOSTON, MA 02114

Financials

$4.6M$4.8M2022$4.1M$4.2M2023$4.2M$4.1M2024$9.9M$9.7M2024
Revenue Expenses · by fiscal year end
Financials of I-CARE FUND AMERICA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$9,859,331$9,660,315$199,016$393,306$184,420$208,886
June 30, 2024990$4,158,515$4,136,276$22,239$590,833$580,963$9,870
December 31, 2023990$4,104,741$4,173,338-$68,597$619,052$631,421-$12,369
December 31, 2022990$4,565,493$4,827,316-$261,823$450,590$353,864$96,726
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$9,859,187
Program service revenue
$0
Investment income
$144
Other revenue
$0

Expenses

Grants and similar amounts paid
$9,627,653
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$20,112
Program services (functional)
$9,627,653
Management and general (functional)
$32,662

Balance sheet and other

Total assets, start of year
$590,833
Total assets, end of year
$393,306
Total liabilities, end of year
$184,420
Net assets, end of year
$208,886
Net assets without donor restrictions
$208,886
Gross unrelated business income
$144
Gross receipts
$9,859,331
Employees
0
Volunteers
0
Year formed
2008
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
SPENTA KANDAWALLADIRECTOR
Trustee or director
5$0
TUSHNA KANDAWALLADIRECTOR
Trustee or director
5$0
SHAZIA KHAWAJADIRECTOR
Trustee or director
5$0
NIGAR HUSSAINDIRECTOR
Trustee or director
5$0
SHAHZAD QASIMDIRECTOR
Trustee or director
5$0
DR ZEBULON TAINTORDIRECTOR
Trustee or director
5$0
AZIZA FATIMA KIDWAIDIRECTOR
Trustee or director
5$0
SHEZAD HABIBDIRECTOR
Trustee or director
5$0
USMAN ISMAILTREASURER
Officer
5$0
KASHIF RIAZPRESIDENT
Officer
10$0
PAMELA ANDERSONSECRETARY
Officer
5$0
WASIQ ISMAILCHIEF EXECUTIVE OFFICER
Officer
10$0
990 for the year ended June 30, 2024: 12 people
NameTitleHours / weekCompensation
SPENTA KANDAWALLADIRECTOR
Trustee or director
5$0
TUSHNA KANDAWALLADIRECTOR
Trustee or director
5$0
SHAZIA KHAWAJADIRECTOR
Trustee or director
5$0
NIGAR HUSSAINDIRECTOR
Trustee or director
5$0
SHAHZAD QASIMDIRECTOR
Trustee or director
5$0
DR ZEBULON TAINTORDIRECTOR
Trustee or director
5$0
AZIZA FATIMA KIDWAIDIRECTOR
Trustee or director
5$0
SHEZAD HABIBDIRECTOR
Trustee or director
5$0
USMAN ISMAILTREASURER
Officer
5$0
KASHIF RIAZPRESIDENT
Officer
10$0
PAMELA ANDERSONSECRETARY
Officer
5$0
WASIQ ISMAILCHIEF EXECUTIVE OFFICER
Officer
10$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
SPENTA KANDAWALLADIRECTOR
Trustee or director
5$0
TUSHNA KANDAWALLADIRECTOR
Trustee or director
5$0
SHAZIA KHAWAJADIRECTOR
Trustee or director
5$0
NIGAR HUSSAINDIRECTOR
Trustee or director
5$0
SHAHZAD QASIMDIRECTOR
Trustee or director
5$0
DR ZEBULON TAINTORDIRECTOR
Trustee or director
5$0
AZIZA FATIMA KIDWAIDIRECTOR
Trustee or director
5$0
SHEZAD HABIBDIRECTOR
Trustee or director
5$0
USMAN ISMAILTREASURER
Officer
5$0
KASHIF RIAZPRESIDENT
Officer
10$0
PAMELA ANDERSONSECRETARY
Officer
5$0
WASIQ ISMAILCHIEF EXECUTIVE OFFICER
Officer
10$0
990 for the year ended December 31, 2022: 12 people
NameTitleHours / weekCompensation
SPENTA KANDAWALLADIRECTOR
Trustee or director
5$0
TUSHNA KANDAWALLADIRECTOR
Trustee or director
5$0
SHAZIA KHAWAJADIRECTOR
Trustee or director
5$0
NIGAR HUSSAINDIRECTOR
Trustee or director
5$0
SHAHZAD QASIMDIRECTOR
Trustee or director
5$0
DR ZEBULON TAINTORDIRECTOR
Trustee or director
5$0
AZIZA FATIMA KIDWAIDIRECTOR
Trustee or director
5$0
SHEZAD HABIBDIRECTOR
Trustee or director
5$0
USMAN ISMAILTREASURER
Officer
5$0
KASHIF RIAZPRESIDENT
Officer
10$0
PAMELA ANDERSONSECRETARY
Officer
5$0
WASIQ ISMAILCHIEF EXECUTIVE OFFICER
Officer
10$0

Address and contacts

Address (IRS master file)
139 CHARLES STREET SUITE 348, BOSTON, MA 02114-3282
Principal officer (990 for 2024)
WASIQ ISMAIL, 139 CHARLES STREET, BOSTON, MA 02108
Signed the 990
WASIQ ISMAIL, CEO
Phone
(617) 331-3315
Return prepared by
INGLE & ASSOCIATES LLC

Mission

I-CARE FUND OF AMERICA, INC'S. MISSION IS TO SUBSTANTIALLY IMPROVE THE QUALITY OF LIFE OF UNDERPRIVILEGED PAKISTANIS, BY WORKING TO INCREASE THE VOLUME OF DONATIONS AND BY BUILDING CAPACITY AND BY HELPING TO SCALE UP GOOD CHARITABLE ORGANIZATIONS.

990 for the year ended June 30, 2025

Program accomplishments

  • FOR PURPOSES OF PROVIDING HEALTHCARE, EDUCATION AND SOCIAL ENTERPRISE THROUGH THE DEVELOPMENT OF UNDERPRIVILEGED MEMBERS OF THE SOCIETY IN PAKISTAN.
    Expenses $9,627,653 · grants $9,627,653

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
26-2437362
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$393,306
Income (IRS master file)
$9,859,331

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$9,859,331$9,660,315$393,306IRS
990June 2024$4,158,515$4,136,276$590,833XML
990December 2023$4,104,741$4,173,338$619,052XML
990December 2022$4,565,493$4,827,316$450,590XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-2437362).

Questions about I-CARE FUND AMERICA INC

What is the EIN of I-CARE FUND AMERICA INC?
The employer identification number (EIN) of I-CARE FUND AMERICA INC is 26-2437362.
Is I-CARE FUND AMERICA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to I-CARE FUND AMERICA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does I-CARE FUND AMERICA INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of I-CARE FUND AMERICA INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did I-CARE FUND AMERICA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of I-CARE FUND AMERICA INC?
The 990 for the year ended June 30, 2025 names WASIQ ISMAIL.
Who are the officers and directors of I-CARE FUND AMERICA INC?
The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does I-CARE FUND AMERICA INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $9,859,331, expenses of $9,660,315 and total assets of $393,306 at year end.

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