Impact Living Services

Analysis

Impact Living Services is a registered charity in United States, based in Forest, VA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Living Services reported income of $11.8m and spending of $11.0m, spending 93% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.2m to $11.8m (+432%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Impact Living Services 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 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Jewish Council for Youth Services ($11.8m), Kent County Youth Agricultural Association ($11.9m) and Hip Hop Caucus Education Fund ($11.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $399k (3.6% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $7.4m against liabilities of $3.3m, net assets of $4.1m. It reported 163 employees.