Income Movement Foundation

Analysis

Income Movement Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in September 2020, 6 years ago. 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, Income Movement Foundation reported income of $376k and spending of $327k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $352k to $376k (+6.7%), an average of +3.3% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Income Movement Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within OR. Charities of a similar size with the same main cause include Tennessee Quality Award Inc ($376k), Langlade County Fair Inc ($376k) and Bootstraps Inc ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $72k (22% of expenses). Other salaries and wages came to $76k. It paid $5,000 in professional fundraising fees. At year end it held assets of $70k against liabilities of $11k, net assets of $59k. It reported 5 employees.