Ivy Vine Charities Incorporated

Analysis

Ivy Vine Charities Incorporated is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Ivy Vine Charities Incorporated reported income of $61k and spending of $58k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $61k (+17%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ivy Vine Charities Incorporated sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within MD. Charities of a similar size with the same main cause include Augusta College Echo Hall Association ($61k), Human Action Foundation ($61k) and The Committee of 101 ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.