Taste the Impact Inc

Analysis

Taste the Impact Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Taste the Impact Inc reported income of $407k and spending of $395k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $147k to $407k (+176%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 186%. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Taste the Impact Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Mendota Area Christian Food Pantry ($407k), Police Activities League of Southwest Washington ($408k) and DJS Training Facility Inc ($407k).

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 $93k (23% of expenses). Other salaries and wages came to $34k. At year end it held assets of $848k against liabilities of $1,174, net assets of $847k. It reported 3 employees.