Greater Impact Inc

Analysis

Greater Impact Inc is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in July 2019, 7 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, Greater Impact Inc reported income of $491k and spending of $553k, spending 113% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $262k to $491k (+87%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 98%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greater Impact Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MT. Charities of a similar size with the same main cause include Family Guidance Inc ($491k), Holy Cross Center Inc ($491k) and Silver Lake Annex Multi-Purpose Community Center ($491k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $107k (19% of expenses). Other salaries and wages came to $219k. At year end it held assets of $787k against liabilities of $31k, net assets of $756k. It reported 22 employees.