International Foundation for Social Impact Inc

Analysis

International Foundation for Social Impact Inc is a registered charity in United States, based in Newyork, NY. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, International Foundation for Social Impact Inc reported income of $718k and spending of $2.6m, spending 365% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.3m to $718k (-78%), an average of -32% a year. The sharpest change came in the year to December 2020, when income dropped by 67%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Foundation for Social Impact Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Excellence with Integrity Institute Inc ($718k), Tenley Study Center Inc ($718k) and One School at a Time Inc ($718k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.