Cencora Impact Foundation

Analysis

Cencora Impact Foundation is a registered charity in United States, based in Conshohocken, PA. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Cencora Impact Foundation reported income of $6.3m and spending of $7.0m, spending 113% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $7.0m to $6.3m (-11%), an average of -2.9% a year. The sharpest change came in the year to September 2022, when income rose by 140%. Over the whole period it spent 165% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Cencora Impact Foundation sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Governors Highway Safety Association Ghsa ($6.1m), Ponderosa Volunteer Fire Association ($6.3m) and Industrial Emergency Council ($6.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $19.8m against liabilities of $597k, net assets of $19.2m.

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.