Project Impact South Bend Inc

Analysis

Project Impact South Bend Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Project Impact South Bend Inc reported income of $246k and spending of $236k, spending 96% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $98k to $246k (+150%), an average of +58% a year. The sharpest change came in the year to December 2022, when income rose by 139%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Project Impact South Bend Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within IN. Charities of a similar size with the same main cause include Oklahoma Association of Student Councils ($246k), Richmond Hill Soccer Club ($246k) and The Sing Me a Story Foundation ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $16k (6.9% of expenses). At year end it held assets of $293k against liabilities of $122k, net assets of $172k.