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The Incentive Research Foundation

RegisteredEIN 30-0496640McLean, VACommunity and economic development
Income$1.7m2023-12
Spending$1.4msame year
Spent / received101%5-year average
Size in its cause83rd pctCommunity and economic development
Exempt since2009Publicly supported organisat
Employees0latest return

Analysis

The Incentive Research Foundation is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover employment, 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, The Incentive Research Foundation reported income of $1.7m and spending of $1.4m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.7m (+31%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 367%. 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, The Incentive Research Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Star-Tec Enterprises Inc ($1.7m), Hope & Main ($1.7m) and Burnt Mountain Center Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 27% of the total. At year end it held assets of $1.5m against liabilities of $360k, net assets of $1.1m.

Income and spending

$0$413k$827k$1.2m$1.7m2019 Income: $1,257,3072019 Spending: $1,076,99120192020 Income: $238,5602020 Spending: $974,97220202021 Income: $1,112,9332021 Spending: $1,005,70420212022 Income: $1,341,0402022 Spending: $1,221,46520222023 Income: $1,653,3142023 Spending: $1,390,4762023
IncomeSpending

Where the income comes from

  • Contributions & grants 74%
  • Program services 26%

Similar-sized charities, same cause

CharityLocationIncome
Star-Tec Enterprises IncSaint Petersburg$1.7m
Hope & MainWarren$1.7m
Burnt Mountain Center IncJasper$1.7m
Asae Research FoundationWashington$1.7m