Charity for Impoverished Inc

Analysis

Charity for Impoverished Inc is a registered charity in United States, based in Great Falls, VA. It received its IRS tax-exemption ruling in May 2018, 8 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, Charity for Impoverished Inc reported income of $226k and spending of $206k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $155k to $226k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Charity for Impoverished Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include International Fellowship House Incorporated ($226k), Hunger Resource Network ($226k) and Alternative Solutions 4 Adolescents with Preventive Intervention Inc ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.