The Center for Impact Communications Inc

Analysis

The Center for Impact Communications Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 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).

In the financial year ending December 2023, The Center for Impact Communications Inc reported income of $201k and spending of $205k, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $737k to $201k (-73%), an average of -35% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Center for Impact Communications Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Archbold Area Foundation ($201k), Victory High School ($201k) and Don Diego Fund ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $172k against liabilities of $4,937, net assets of $168k.