High Impact Movement Inc

Analysis

High Impact Movement Inc is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in April 2024, 2 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, High Impact Movement Inc reported income of $346k and spending of $348k, spending 101% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $119k to $346k (+191%), an average of +71% a year. The sharpest change came in the year to December 2022, when income rose by 130%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, High Impact Movement Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within AR. Charities of a similar size with the same main cause include Tillamook Police Cadet Association ($345k), Climb USA Inc ($346k) and Kids in Need of McHenry County ($345k).

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 $61k (18% of expenses). At year end it held assets of $51k against liabilities of $68k, net assets of -$17k.