Innovative Giving Enhancement

Analysis

Innovative Giving Enhancement is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Innovative Giving Enhancement reported income of $167k and spending of $96k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $345k to $167k (-51%), an average of -16% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Innovative Giving Enhancement 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 50th percentile, and in the 50th percentile within OR. Charities of a similar size with the same main cause include Global Culture Education Foundation ($167k), Lula Washington Contemporary Dance Foundation ($167k) and Synchromy ($167k).

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 $72k against liabilities of $272, net assets of $72k.