Impacttek

Analysis

Impacttek is a registered charity in United States, based in Fairfax, VA. It received its IRS tax-exemption ruling in December 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, Impacttek reported income of $403k and spending of $310k, leaving 23% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $64k to $403k (+533%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 169%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Impacttek sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include Holmes County Council on Aging Inc ($403k), Goodwill Village Inc ($403k) and Florida Outreach Center for the Blind Inc ($403k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $10k (3.4% of expenses). At year end it held assets of $130k against liabilities of $3,156, net assets of $127k. It reported 1 employees.