Impact Journey School

Analysis

Impact Journey School is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Impact Journey School reported income of $1.2m and spending of $957k, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $782k to $1.2m (+50%), an average of +11% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Impact Journey School sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Top Ladies of Distinction Inc ($1.2m), Organic Growers School ($1.2m) and Falmouth Memorial Library Association ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $246k (26% of expenses). Other salaries and wages came to $533k. At year end it held assets of $609k against liabilities of $1,143, net assets of $608k. It reported 22 employees.