Investors Philanthropic

Analysis

Investors Philanthropic is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in April 2019, 7 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, Investors Philanthropic reported income of $3.1m and spending of $644k, leaving 79% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $4.9m to $3.1m (-38%), an average of -21% a year. The sharpest change came in the year to December 2023, when income rose by 387%. Over the whole period it spent 13% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Investors Philanthropic sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Greyston Foundation Inc ($3.1m), Education Success Network Inc ($3.1m) and United Way of Northern California ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 0.0% of the total. At year end it held assets of $7.6m against liabilities of $0, net assets of $7.6m.