Impact100 Oakland County

Analysis

Impact100 Oakland County is a registered charity in United States, based in Bloomfield Hills, MI. It received its IRS tax-exemption ruling in October 2015, 11 years ago. 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, Impact100 Oakland County reported income of $322k and spending of $355k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $343k to $322k (-6.1%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Impact100 Oakland County sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include St Francis Apartments Inc ($322k), Canon City Pregnancy Center ($322k) and Colorado 500 Charities Fund ($322k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $541k against liabilities of $404k, net assets of $136k.