Insignia Foundation
Analysis
Insignia Foundation is a registered charity in United States, based in Loveland, OH. It received its IRS tax-exemption ruling in July 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Insignia Foundation reported income of $146k and spending of $186k, spending 128% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $228k to $146k (-36%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 99% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Insignia Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within OH. Charities of a similar size with the same main cause include Flowlovesyou Foundation ($146k), 31 Backpacks Inc ($146k) and United Family Service Inc ($146k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.
Income and spending
Where the income comes from
- Contributions & grants 79%
- Program services 21%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Flowlovesyou Foundation | Santa Cruz | $146k |
| 31 Backpacks Inc | Hancock | $146k |
| United Family Service Inc | Fremont | $146k |
| Needy Basket of Southern Miami County Inc | Tipp City | $146k |