Impact 316

Analysis

Impact 316 is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in October 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, Impact 316 reported income of $111k and spending of $144k, spending 129% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $225k to $111k (-50%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Impact 316 sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Tachlis Hachaim Inc ($111k), 1st Holy Mt Zion Baptist Church ($111k) and Garabandal Journal Inc ($111k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.