Identiversity Inc

Analysis

Identiversity Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in October 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 December 2023, Identiversity Inc reported income of $73k and spending of $136k, spending 186% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $159k to $73k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Identiversity Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include Anns Angels Adaptive Waterski Foundation Inc ($73k), Childrens Housing Corporation ($73k) and Creative Housing IV ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.