Catalytic Impact Foundation Inc

Analysis

Catalytic Impact Foundation Inc is a registered charity in United States, based in Westport, CT. It received its IRS tax-exemption ruling in January 2016, 10 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, Catalytic Impact Foundation Inc reported income of $1.3m and spending of $791k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-16%), an average of -4.2% a year. The sharpest change came in the year to December 2023, when income rose by 174%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Catalytic Impact Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within CT. Charities of a similar size with the same main cause include Jack G Buncher Charitable Fund Forthe Carnegie Library of Pittsburgh ($1.3m), Sanilac County Community Foundation ($1.3m) and Berkeley Community Scholars ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $180k (23% of expenses). Other salaries and wages came to $73k. At year end it held assets of $1.0m against liabilities of $354k, net assets of $647k. It reported 3 employees.