Guided Impact Foundation Inc

Analysis

Guided Impact Foundation Inc is a registered charity in United States, based in Wake Forest, NC. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Guided Impact Foundation Inc reported income of $451k and spending of $378k, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $266k to $451k (+70%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 69%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Guided Impact Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include James F Myers Ministries Inc ($451k), Wisconsin Inmate Education Association Inc ($451k) and Second Mile Corporation ($451k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $17k (4.6% of expenses). At year end it held assets of $24k against liabilities of $73k, net assets of -$49k. It reported 1 employees.