Impact Community Action Partnership Inc

Analysis

Impact Community Action Partnership Inc is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in September 1977, 49 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 September 2023, Impact Community Action Partnership Inc reported income of $39.8m and spending of $40.1m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $12.1m to $39.8m (+228%), an average of +35% a year. The sharpest change came in the year to September 2021, when income rose by 190%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Impact Community Action Partnership Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within IA. Charities of a similar size with the same main cause include Associated Students of San Diego State University ($39.7m), Catholic Charities- Diocese of Metuchen ($39.8m) and Hunterdon Primary Care PC ($39.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $454k (1.1% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $9.4m against liabilities of $8.7m, net assets of $766k. It reported 122 employees.