Invest to Impact Itoi Network Foundation Inc

Analysis

Invest to Impact Itoi Network Foundation Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in November 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, Invest to Impact Itoi Network Foundation Inc reported income of $509k and spending of $669k, spending 131% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $431k to $509k (+18%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Invest to Impact Itoi Network Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Groveland Emergency Food Shelf Inc ($509k), Help Central Inc ($509k) and Cos I Love You ($509k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $446k against liabilities of $446k, net assets of $0.