Impact Center

Analysis

Impact Center is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in March 2022, 4 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 Center reported income of $2.2m and spending of $184k, leaving 92% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $2.8m to $2.2m (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 6.4% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Impact Center sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within TX. Charities of a similar size with the same main cause include Northshore Gymnastic Assn ($2.2m), Snohomish Youth Soccer Club ($2.2m) and South Jersey Barons Youth Club Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7.3m against liabilities of $2.6m, net assets of $4.7m.