Infinite Impact Inc

Analysis

Infinite Impact Inc is a registered charity in United States, based in Grapevine, TX. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Infinite Impact Inc reported income of $67k and spending of $64k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $67k (+4.4%), an average of +1.1% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Infinite Impact Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within TX. Charities of a similar size with the same main cause include Christian Heritage Education Fund ($67k), Fundacion Yo Puedo-Inc ($67k) and Transforming Luna County ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $849k against liabilities of $115k, net assets of $734k.