Collective Impact Group Inc

Analysis

Collective Impact Group Inc is a registered charity in United States, based in Wellington, FL. 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, Collective Impact Group Inc reported income of $66k and spending of $67k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $66k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Collective Impact Group Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Simchas Yospa Inc II ($66k), Terry Mikeska Foundation ($66k) and Ruth Stultz Nursery School Inc ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $28k against liabilities of $26k, net assets of $1,441.