Impact Capital Managers Institute Inc

Analysis

Impact Capital Managers Institute Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Capital Managers Institute Inc reported income of $551k and spending of $730k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $250k to $551k (+120%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Impact Capital Managers Institute Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Pantheon Educational Center Inc ($551k), Little Forest Playschool ($551k) and Grand Rapids Public Library Foundation ($551k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $83k (11% of expenses). Other salaries and wages came to $149k. At year end it held assets of $182k against liabilities of $228k, net assets of -$46k.