The Impact Movement Inc

Analysis

The Impact Movement Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, The Impact Movement Inc reported income of $1.3m and spending of $1.6m, spending 118% of what it took in. Across the 6 years on record, from August 2018 to August 2023, income grew from $1.0m to $1.3m (+34%), an average of +6.0% a year. The sharpest change came in the year to August 2023, when income rose by 45%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Impact Movement Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Mars Hill Productions Inc ($1.3m), Gospel Revival Ministries ($1.3m) and Mace Kingsley Family Center International ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $114k (7.2% of expenses). Other salaries and wages came to $684k. At year end it held assets of $231k against liabilities of $463k, net assets of -$231k. It reported 14 employees.