Ipswich Refugee Program Incorporated

Analysis

Ipswich Refugee Program Incorporated is a registered charity in United States, based in Ipswich, MA. It received its IRS tax-exemption ruling in June 2017, 9 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 January 2024, Ipswich Refugee Program Incorporated reported income of $64k and spending of $83k, spending 131% of what it took in. Across the 2 years on record, from January 2023 to January 2024, income fell from $74k to $64k (-15%), an average of -14% a year. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ipswich Refugee Program Incorporated sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 34th percentile within MA. Charities of a similar size with the same main cause include Mt Calvary Outreach Center Inc ($64k), Beatty Seniors Inc ($64k) and Rosedale Food Pantry ($64k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.