Invited Foundation

Analysis

Invited Foundation is a registered charity in United States, based in Irving, TX. It received its IRS tax-exemption ruling in May 1999, 27 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, Invited Foundation reported income of $11.2m and spending of $11.0m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $701k to $11.2m (+1503%), an average of +100% a year. The sharpest change came in the year to December 2022, when income rose by 291%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Invited Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include East Tennessee Supporting Foundation ($11.2m), First Community Foundation Partnership of Pennsylvania ($11.3m) and Tumo Foundation ($11.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $202k. At year end it held assets of $2.8m against liabilities of $2.6m, net assets of $194k.