Ig Family Foundation Inc

Analysis

Ig Family Foundation Inc is a registered charity in United States, based in Dunwoody, GA. It received its IRS tax-exemption ruling in April 2020, 6 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, Ig Family Foundation Inc reported income of $3.2m and spending of $1.5m, leaving 53% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $801k to $3.2m (+299%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 182%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ig Family Foundation Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Bluesun Inc ($3.2m), Mak Community Enrichment Services ($3.2m) and Community Reach of Montgomery County Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.