Incredibly Blessed Inc

Analysis

Incredibly Blessed Inc is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Incredibly Blessed Inc reported income of $124k and spending of $77k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $124k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Incredibly Blessed Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Western Pennsylvania Model Railroad Museum ($124k), Alltogethernow Corp ($124k) and Capital District Irish-American Association Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.