Impact 46 Inc

Analysis

Impact 46 Inc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in May 2017, 9 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 2022, Impact 46 Inc reported income of $1.2m and spending of $934k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $1.1m to $1.2m (+8.8%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Impact 46 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 81st percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Grace Evangelical Society Inc ($1.2m), Islamic School of Miami Inc ($1.2m) and Criterion Press Inc ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $162k (17% of expenses). Other salaries and wages came to $298k. It paid $23k in professional fundraising fees. At year end it held assets of $832k against liabilities of $0, net assets of $832k. It reported 11 employees.