141 Impact Inc

Analysis

141 Impact Inc is a registered charity in United States, based in Ladson, SC. It received its IRS tax-exemption ruling in August 2014, 12 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, 141 Impact Inc reported income of $123k and spending of $140k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $123k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 116% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, 141 Impact Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within SC. Charities of a similar size with the same main cause include Sewanee Community Chest ($123k), Philadelphia Building Trades Charity Fund ($123k) and Motion Picture Bookers Club Foundation ($123k).

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 $46k against liabilities of $0, net assets of $46k.