Impact Community Action

Analysis

Impact Community Action is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Impact Community Action reported income of $28.4m and spending of $29.7m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.1m to $28.4m (+248%), an average of +37% a year. The sharpest change came in the year to December 2020, when income rose by 182%. Over the whole period it spent 101% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Impact Community Action sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include The Onestar Foundation ($28.3m), Opportunity at Work Inc ($28.4m) and Heart of Texas Goodwill Industries ($28.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $453k (1.5% of expenses). Other salaries and wages came to $6.7m. At year end it held assets of $16.5m against liabilities of $14.2m, net assets of $2.4m. It reported 174 employees.