Amplify Inc

Analysis

Amplify Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover human services, 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, Amplify Inc reported income of $1.4m and spending of $1.5m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $765k to $1.4m (+85%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Amplify Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within OK. Charities of a similar size with the same main cause include Illinois Association of Rehabilitation Facilities Inc ($1.4m), Founders Hall Foundation Inc ($1.4m) and Ezras Cholim Yad Ephraim Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $101k (6.7% of expenses). Other salaries and wages came to $608k. At year end it held assets of $614k against liabilities of $254k, net assets of $360k. It reported 17 employees.