Ipraxis

Analysis

Ipraxis is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 2004, 22 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 June 2024, Ipraxis reported income of $70k and spending of $67k, spending 96% of its income. Across the 3 years on record, from June 2019 to June 2024, income fell from $126k to $70k (-45%), an average of -26% a year. The sharpest change came in the year to June 2024, when income rose by 72%. Over the whole period it spent 117% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ipraxis sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within PA. Charities of a similar size with the same main cause include Women in California Politics Wicp100 Foundation & Museum ($70k), Emmaus Rotary Club Foundation ($70k) and Japanese Agape Senior Independent Living ($70k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $286, net assets of $30k.