The Impact Project

Analysis

The Impact Project is a registered charity in United States, based in Greene, NY. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, The Impact Project reported income of $377k and spending of $359k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $161k to $377k (+134%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Impact Project sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Jewish Records Indexing-Poland ($377k), Athens Photographic Project ($377k) and Tennessee Valley Art Association ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $148k (41% of expenses). At year end it held assets of $421k against liabilities of $0, net assets of $421k. It reported 4 employees.