Ignite the Ville Inc

Analysis

Ignite the Ville Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in May 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 the Ville Inc reported income of $632k and spending of $695k, spending 110% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $388k to $632k (+63%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ignite the Ville Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within KY. Charities of a similar size with the same main cause include Ywam Washington D C ($631k), Gobind Marg Charitable Society Inc ($632k) and Centro Cristiano Para LA Familia ($631k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $339k. At year end it held assets of $200k against liabilities of $9,080, net assets of $191k. It reported 9 employees.