Impact on Education

Analysis

Impact on Education is a registered charity in United States, based in Louisville, CO. It received its IRS tax-exemption ruling in September 1984, 42 years ago. 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 2024, Impact on Education reported income of $2.8m and spending of $1.8m, leaving 36% of income unspent that year. Across the 6 years on record, from March 2020 to June 2024, income grew from $1.7m to $2.8m (+65%), an average of +11% a year. The sharpest change came in the year to March 2022, when income rose by 77%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Impact on Education sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Duo Dogs Inc ($2.8m), Jesuit Retreat Center of Los Altos ($2.8m) and Preservation Society of Charleston ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $280k (15% of expenses). Other salaries and wages came to $330k. At year end it held assets of $7.3m against liabilities of $885k, net assets of $6.4m. It reported 11 employees.