Impact Foundation

Analysis

Impact Foundation is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in April 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Impact Foundation reported income of $67k and spending of $59k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $67k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Impact Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 20th percentile within SD. Charities of a similar size with the same main cause include Wounded Warriors at Pinehills ($67k), Willoughby Soccer Club ($67k) and Orange County Batbusters ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.4% of the total. At year end it held assets of $44k against liabilities of $0, net assets of $44k.