Impact Society Global

Analysis

Impact Society Global is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Society Global reported income of $2.5m and spending of $3.0m, spending 120% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $943k to $2.5m (+162%), an average of +62% a year. The sharpest change came in the year to December 2022, when income rose by 170%. Over the whole period it spent 72% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Impact Society Global sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include STS Foundation ($2.5m), Institute for International Law and Human Rights ($2.5m) and Family Empowerment Media Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $2.0m against liabilities of $306k, net assets of $1.6m. It reported 10 employees.