Ipa Foundation

Analysis

Ipa Foundation is a registered charity in United States, based in Burlington, WA. It received its IRS tax-exemption ruling in May 2018, 8 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 June 2023, Ipa Foundation reported income of $338k and spending of $302k, spending 89% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $268k to $338k (+26%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ipa Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within WA. Charities of a similar size with the same main cause include Center of Vision Enhancement ($338k), Multipli International ($338k) and Sunnyside Daycare ($338k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $141k against liabilities of $4,733, net assets of $137k.