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Making an Impact Inc

RegisteredEIN 85-0834801Lakewood RCH, FLHealth and saving lives
Income$81k2024-03
Spending$50ksame year
Spent / received59%2-year average
Size in its cause24th pctHealth and saving lives
Exempt since2020Publicly supported organisat
Employees–latest return

Analysis

Making an Impact Inc is a registered charity in United States, based in Lakewood RCH, FL. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover health care, 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 March 2024, Making an Impact Inc reported income of $81k and spending of $50k, leaving 38% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income grew from $19k to $81k (+325%), an average of +326% a year. The sharpest change came in the year to March 2024, when income rose by 325%. Over the whole period it spent 59% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Making an Impact Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Men Who Care of Germantown Inc ($81k), Bexa Equity Alliance ($81k) and Tarrant County Medical Society Alliance Foundation Inc ($81k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $57k against liabilities of $26k, net assets of $31k.

Income and spending

$0$20k$41k$61k$81k2023 Income: $19,0692023 Spending: $8,82520232024 Income: $81,1332024 Spending: $50,0882024
IncomeSpending

Where the income comes from

  • Contributions & grants 85%
  • Program services 15%

Similar-sized charities, same cause

CharityLocationIncome
Men Who Care of Germantown IncPhiladelphia$81k
Bexa Equity AllianceRLLNG HLS Est$81k
Tarrant County Medical Society Alliance Foundation IncFort Worth$81k
Laurel County Life Center IncLondon$81k