Investment Professional for Charity Inc

Analysis

Investment Professional for Charity Inc is a registered charity in United States, based in Grosse Pt FRM, MI. It received its IRS tax-exemption ruling in February 2015, 11 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, Investment Professional for Charity Inc reported income of $177k and spending of $218k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $225k to $177k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2021, when income rose by 159%. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Investment Professional for Charity Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Ggba Benefit Trust ($177k), William Belmont Backs and Louise Nuxoll Backs ($177k) and William B Dickinson Educational TR ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 255% of the total. At year end it held assets of $652k against liabilities of $0, net assets of $652k.