Impact100 Philadelphia Inc

Analysis

Impact100 Philadelphia Inc is a registered charity in United States, based in Wynnewood, PA. It received its IRS tax-exemption ruling in October 2008, 18 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 June 2024, Impact100 Philadelphia Inc reported income of $419k and spending of $423k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $515k to $419k (-19%), an average of -5.0% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. 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, Impact100 Philadelphia Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Freeland Lions Club Foundation ($419k), Brinkman Charitable TR ($419k) and Insaan Group ($419k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $77k. At year end it held assets of $422k against liabilities of $107k, net assets of $315k. It reported 2 employees.