Island Impact Ministries

Analysis

Island Impact Ministries is a registered charity in United States, based in Palm City, FL. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Island Impact Ministries reported income of $88k and spending of $102k, spending 116% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $108k to $88k (-19%), an average of -9.9% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Island Impact Ministries sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Dunes House Inc ($88k), World Health Education Foundation Inc ($88k) and The Center for Restored & Connected Families ($88k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.