Ipa Future Fund

Analysis

Ipa Future Fund is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ipa Future Fund reported income of $74k and spending of $70k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $74k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 106% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ipa Future Fund sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Lewis River Rotary Foundation ($74k), Envelopes for Hope Inc ($74k) and Rotary Club of Hershey Foundation Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.