Impact Experience Institute

Analysis

Impact Experience Institute is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Impact Experience Institute reported income of $505k and spending of $1.2m, spending 237% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $505k (+119%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 451%. Over the whole period it spent 59% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Impact Experience Institute sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Shaw Main Streets Inc ($505k), Thrive Asheville Inc ($505k) and Pennsylvania State Association of County Fairs ($504k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $353k (29% of expenses). Other salaries and wages came to $323k. At year end it held assets of $2.0m against liabilities of $3,838, net assets of $2.0m. It reported 6 employees.