We Ignite Nations

Analysis

We Ignite Nations is a registered charity in United States, based in Arvada, CO. It received its IRS tax-exemption ruling in July 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, We Ignite Nations reported income of $817k and spending of $604k, leaving 26% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $301k to $817k (+171%), an average of +39% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, We Ignite Nations sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CO. Charities of a similar size with the same main cause include The Arc of District of Columbia Inc ($816k), Palliative Medicine of Acadiana ($817k) and India House Inc ($816k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $35k (5.8% of expenses). Other salaries and wages came to $54k. At year end it held assets of $357k against liabilities of $1,489, net assets of $355k.