Impact Public Schools

Analysis

Impact Public Schools is a registered charity in United States, based in Tukwila, WA. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Impact Public Schools reported income of $25.6m and spending of $21.9m, spending 86% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.4m to $25.6m (+481%), an average of +55% a year. The sharpest change came in the year to August 2021, when income rose by 103%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Impact Public Schools sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Lifespan School Solutions Inc ($25.6m), Aacsb International the Association to Advance Collegiate Schools of ($25.7m) and The Childrens Institute of Pittsburgh ($25.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 32% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $565k (2.6% of expenses). Other salaries and wages came to $10.6m. At year end it held assets of $63.4m against liabilities of $50.5m, net assets of $12.9m. It reported 227 employees.