Influence 1

Analysis

Influence 1 is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Influence 1 reported income of $4.5m and spending of $4.9m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.8m to $4.5m (-7.0%), an average of -1.8% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Influence 1 sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include Paducah Junior College Corp ($4.5m), Childrens After School Programs Inc ($4.5m) and Atlanta Dream Academy ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $349k (7.2% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $5.8m against liabilities of $2.5m, net assets of $3.3m. It reported 75 employees.