Impact Central Illinois

Analysis

Impact Central Illinois is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Impact Central Illinois reported income of $53k and spending of $25k, leaving 53% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $21k to $53k (+157%), an average of +60% a year. The sharpest change came in the year to June 2022, when income rose by 171%. Over the whole period it spent 38% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Impact Central Illinois sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Justice Compassion and Hope ($53k), The Home Place Corporation ($53k) and Feed My Sheep Soup Kitchen Inc ($53k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 83% of the total. At year end it held assets of $844k against liabilities of $49k, net assets of $794k.