I43 Inc

Analysis

I43 Inc is a registered charity in United States, based in Leesburg, VA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, I43 Inc reported income of $75k and spending of $66k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $75k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, I43 Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within VA. Charities of a similar size with the same main cause include Shepherds Fold Ministries Inc ($75k), 2 2 Collective Inc ($75k) and Point FM Ministries Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.