Ifpda Foundation Inc
Analysis
Ifpda Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2010, 16 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, Ifpda Foundation Inc reported income of $982k and spending of $959k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $888k to $982k (+11%), an average of +11% a year. Over the whole period it spent 99% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ifpda Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Creative Justice Initiative Inc ($982k), Mindpop ($983k) and Responsible Innovation Labs Inc ($981k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.9% of the total. At year end it held assets of $139k against liabilities of $11k, net assets of $128k.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Program services 7.9%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Creative Justice Initiative Inc | Bronx | $982k |
| Mindpop | Austin | $983k |
| Responsible Innovation Labs Inc | Dover | $981k |
| Reading in Motion | Chicago | $983k |