Impact Exchange

Analysis

Impact Exchange is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover health care, 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, Impact Exchange reported income of $1.4m and spending of $1.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $301k to $1.4m (+378%), an average of +48% a year. The sharpest change came in the year to December 2020, when income rose by 152%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Impact Exchange sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NV. Charities of a similar size with the same main cause include Nvhca Perry Foundation Inc ($1.4m), Carle Community Health Corporation ($1.4m) and Dusty Joy Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $42k (2.8% of expenses). Other salaries and wages came to $738k. At year end it held assets of $163k against liabilities of $24k, net assets of $139k. It reported 30 employees.