Centre for Public Impact North America Inc

Analysis

Centre for Public Impact North America Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Centre for Public Impact North America Inc reported income of $5.5m and spending of $10.6m, spending 193% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $9.2m to $5.5m (-40%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Centre for Public Impact North America Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 81st percentile within DC. Charities of a similar size with the same main cause include Beth Israel Anaesthesia Foundation Inc ($5.5m), Pacific Bankers Management Institute ($5.5m) and Mount Pleasant Home ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $2.3m (22% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $8.4m against liabilities of $1.6m, net assets of $6.8m. It reported 49 employees.