Invictus Enterprises Foundation Inc

Analysis

Invictus Enterprises Foundation Inc is a registered charity in United States, based in New Rochelle, NY. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Invictus Enterprises Foundation Inc reported income of $786k and spending of $615k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $786k (+254%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 128%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Invictus Enterprises Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Qlarant Inc ($786k), Pennsylvania Peer Support Coalition ($786k) and Katallasso Inc ($786k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $128k (21% of expenses). Other salaries and wages came to $139k. At year end it held assets of $383k against liabilities of $50k, net assets of $333k. It reported 8 employees.