Impact a Life Foundation

Analysis

Impact a Life Foundation is a registered charity in United States, based in Tukwila, WA. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 a Life Foundation reported income of $141k and spending of $144k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $153k to $141k (-7.7%), an average of -7.7% a year. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Impact a Life Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within WA. Charities of a similar size with the same main cause include Beaverland Must-Skis Inc ($141k), Fresno County Healthy Marriagecoalition ($141k) and Highlands Resident Association ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $154k against liabilities of $5,800, net assets of $149k.