Impact Investing Charitable Foundation Inc

Analysis

Impact Investing Charitable Foundation Inc is a registered charity in United States, based in Lenexa, KS. It received its IRS tax-exemption ruling in December 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, Impact Investing Charitable Foundation Inc reported income of $142.1m and spending of $112.0m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $31.8m to $142.1m (+347%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Impact Investing Charitable Foundation Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within KS. Charities of a similar size with the same main cause include T Rowe Price Program for Charitable Giving Inc ($139.9m), Communities Foundation of Oklahoma Inc ($142.7m) and Impact Investing Charitable Trust ($138.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $767k (0.7% of expenses). Other salaries and wages came to $898k. At year end it held assets of $112.4m against liabilities of $572k, net assets of $111.8m. It reported 11 employees.