Ignite Afterschool

Analysis

Ignite Afterschool is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in December 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Afterschool reported income of $5.6m and spending of $5.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $686k to $5.6m (+711%), an average of +69% a year. The sharpest change came in the year to December 2022, when income rose by 1099%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ignite Afterschool sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MN. Charities of a similar size with the same main cause include Northern Maine Community College Foundation ($5.6m), Montessori Society of Central MD Inc ($5.6m) and Quaker Digital Academy ($5.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $83k (1.5% of expenses). At year end it held assets of $1.9m against liabilities of $1.6m, net assets of $287k. It reported 6 employees.