Invisible Wounds Project

Analysis

Invisible Wounds Project is a registered charity in United States, based in Stacy, MN. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, 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, Invisible Wounds Project reported income of $529k and spending of $471k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $225k to $529k (+135%), an average of +53% a year. The sharpest change came in the year to December 2022, when income rose by 134%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Invisible Wounds Project sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include Family House Inc ($529k), Assist to Independence ($529k) and Posture Shift Inc ($529k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (15% of expenses). Other salaries and wages came to $31k. At year end it held assets of $139k against liabilities of $1,507, net assets of $137k. It reported 4 employees.