Influence Foundation Inc

Analysis

Influence Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Influence Foundation Inc reported income of $334k and spending of $490k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $334k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Influence Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Augusta Care Pregnancy Center Inc ($333k), Community Access to Coorinated Healthcare Inc Catch ($334k) and Healing Shepherd Clinic ($333k).

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 $115k (24% of expenses). Other salaries and wages came to $148k. At year end it held assets of $327k against liabilities of $4,000, net assets of $323k. It reported 5 employees.