Impact Africa Inc

Analysis

Impact Africa Inc is a registered charity in United States, based in Kissimmee, FL. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Impact Africa Inc reported income of $1.5m and spending of $1.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $998k to $1.5m (+50%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Impact Africa Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within FL. Charities of a similar size with the same main cause include Baitul Mamur Masjid & Community ($1.5m), Child Evangelism Fellowship Inc ($1.5m) and Leader Empowerment and Development Inc ($1.5m).

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 $118k (8.1% of expenses). Other salaries and wages came to $1,500. At year end it held assets of $314k against liabilities of $23k, net assets of $291k. It reported 3 employees.