Impact Ed International Inc

Analysis

Impact Ed International Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in February 1999, 27 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, Impact Ed International Inc reported income of $1.2m and spending of $1.9m, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $10.8m to $1.2m (-89%), an average of -43% a year. The sharpest change came in the year to December 2021, when income dropped by 92%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Impact Ed International Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Wilmington Ace Charter Incorporated ($1.2m), English Skills Learning Center ($1.2m) and Broc Foundation Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $689k (37% of expenses). Other salaries and wages came to $137k. It paid $80k in professional fundraising fees. At year end it held assets of $2.1m against liabilities of $956k, net assets of $1.2m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.