Im Solutions Forum Inc

Analysis

Im Solutions Forum Inc is a registered charity in United States, based in Norway, ME. It received its IRS tax-exemption ruling in September 2014, 12 years ago. 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, Im Solutions Forum Inc reported income of $137k and spending of $136k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $137k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Im Solutions Forum Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 38th percentile within ME. Charities of a similar size with the same main cause include Aliqulppa Economic Development Corporation ($137k), Little League Baseball Inc ($137k) and Hermon Development Corp ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 17% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.