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Impact Change

RegisteredEIN 45-3620353Rock Hill, SCPoverty relief
Income$769k2023-12
Spending$838ksame year
Spent / received84%5-year average
Size in its cause71st pctPoverty relief
Exempt since2012Publicly supported organisat
Employees2latest return

Analysis

Impact Change is a registered charity in United States, based in Rock Hill, SC. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Impact Change reported income of $769k and spending of $838k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $355k to $769k (+117%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 68%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Impact Change sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within SC. Charities of a similar size with the same main cause include Fresh Start Pallet Products Inc ($769k), Touching Families Inc ($769k) and Somali Community Services of Seattle ($769k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.3% of the total. Other salaries and wages came to $62k. At year end it held assets of $5.5m against liabilities of $4.4m, net assets of $1.1m. It reported 2 employees.

Income and spending

$0$242k$485k$727k$969k2019 Income: $354,5762019 Spending: $222,00020192020 Income: $594,1692020 Spending: $463,88620202021 Income: $691,3142021 Spending: $548,70920212022 Income: $969,3012022 Spending: $754,54220222023 Income: $768,8862023 Spending: $838,4222023
IncomeSpending

Where the income comes from

  • Contributions & grants 8.3%
  • Other 92%

Similar-sized charities, same cause

CharityLocationIncome
Fresh Start Pallet Products IncHatford$769k
Touching Families IncTurtle Creek$769k
Somali Community Services of SeattleSeattle$769k
Interfaith Ministries of Wichita Falls IncWichita Falls$769k