The Add Impact Network Inc

Analysis

The Add Impact Network Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 Add Impact Network Inc reported income of $1.7m and spending of $2.1m, spending 123% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.7m (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Add Impact Network Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 64th percentile within DC. Charities of a similar size with the same main cause include Nipomo Area Recreation Assoc Inc ($1.7m), Brown County Ice Management Inc ($1.7m) and Arizona High School Hockey Association Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $332k (16% of expenses). Other salaries and wages came to $3,869. It paid $75 in professional fundraising fees. At year end it held assets of $512k against liabilities of $70k, net assets of $442k. It reported 3 employees.