Innw Fund

Analysis

Innw Fund is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in January 1997, 29 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 October 2023, Innw Fund reported income of $7.2m and spending of $15k, leaving 100% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $10 to $7.2m (+72255120%), an average of +2816% a year. The sharpest change came in the year to October 2023, when income rose by 427446%. Over the whole period it spent 0.3% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Innw Fund sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include The Summit Foundation ($7.2m), Orcas Island Community Foundation ($7.2m) and Juneau Community Foundation ($7.2m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7.2m against liabilities of $0, net assets of $7.2m.