Ignite Center

Analysis

Ignite Center is a registered charity in United States, based in Cicero, IL. It received its IRS tax-exemption ruling in November 2015, 11 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, Ignite Center reported income of $208k and spending of $350k, spending 169% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $247k to $208k (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ignite Center sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Native American Development Center ($208k), Christs Chapel Share and Care Mission ($208k) and Water Angel Ministries Inc ($208k).

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 $45k (13% of expenses). At year end it held assets of $44k against liabilities of $119k, net assets of -$75k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.