Ignitemobile Inc

Analysis

Ignitemobile Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in November 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ignitemobile Inc reported income of $746k and spending of $715k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $535k to $746k (+39%), an average of +8.7% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ignitemobile Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within AL. Charities of a similar size with the same main cause include Jexal Foundation ($746k), Horizons Hampton Roads Inc ($746k) and Lee Pesky Learning Center Endowment Inc ($745k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.1% of the total. Other salaries and wages came to $286k. At year end it held assets of $414k against liabilities of $12k, net assets of $402k. It reported 19 employees.