Impactphl

Analysis

Impactphl is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, Impactphl reported income of $796k and spending of $776k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $100k to $796k (+698%), an average of +100% a year. The sharpest change came in the year to June 2022, when income rose by 219%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Impactphl sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Producers Associates ($796k), New Detroit Inc ($796k) and Stephenson Childrens Care Association ($795k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $280k. At year end it held assets of $0 against liabilities of $0, net assets of $0.