Ipc National Charitable Foundation

Analysis

Ipc National Charitable Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ipc National Charitable Foundation reported income of $2.6m and spending of $606k, leaving 77% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $216k to $2.6m (+1108%), an average of +86% a year. The sharpest change came in the year to December 2021, when income rose by 392%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ipc National Charitable Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Bergin College of Canine Studies ($2.6m), Downtown Belton Main Street Inc ($2.6m) and Progressive Multiplier Fund ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $9.1m against liabilities of $300k, net assets of $8.8m.