Highwind Impact Fund Inc

Analysis

Highwind Impact Fund Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Highwind Impact Fund Inc reported income of $114k and spending of $80k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $114k (+101%), an average of +101% a year. The sharpest change came in the year to December 2023, when income rose by 101%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Highwind Impact Fund Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within IL. Charities of a similar size with the same main cause include Heather Janikowski Foundation ($114k), United Jewish Fund for Charlottesville ($114k) and Mitzadei Gaver Inc ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.