Ignite Myanmar

Analysis

Ignite Myanmar is a registered charity in United States, based in Arvada, CO. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Ignite Myanmar reported income of $225k and spending of $219k, spending 97% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $216k to $225k (+3.9%), an average of +1.9% a year. Over the whole period it spent 109% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ignite Myanmar sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within CO. Charities of a similar size with the same main cause include Give Me an Answer Inc ($225k), Restore Ministries Inc ($225k) and Reach Ministries of Corpus Christi ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.