Impact Life

Analysis

Impact Life is a registered charity in United States, based in Newark, DE. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Impact Life reported income of $4.7m and spending of $4.2m, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $459k to $4.7m (+930%), an average of +221% a year. The sharpest change came in the year to December 2022, when income rose by 340%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Impact Life sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within DE. Charities of a similar size with the same main cause include Clinton and Hickman County Hospital Inc ($4.7m), Martin & Edith Stein Hospice a NJ Nonprofit Corporation ($4.7m) and Institute for Public Strategies ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Other salaries and wages came to $2.2m. At year end it held assets of $1.7m against liabilities of $26k, net assets of $1.7m. It reported 61 employees.