Ignite Yp Inc

Analysis

Ignite Yp Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in April 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, Ignite Yp Inc reported income of $109k and spending of $107k, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $99k to $109k (+10%), an average of +3.2% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ignite Yp Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within MO. Charities of a similar size with the same main cause include Christian Television of Las Vegas Inc ($108k), Deborah Stricklin Ministries ($109k) and Durihana USA Inc ($108k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $67k (63% of expenses). At year end it held assets of $2,214 against liabilities of $0, net assets of $2,214. It reported 1 employees.