Knowledge Impact Network

Analysis

Knowledge Impact Network is a registered charity in United States, based in Marshall, VA. It received its IRS tax-exemption ruling in April 2022, 4 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, Knowledge Impact Network reported income of $159k and spending of $404k, spending 255% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income grew from $50k to $159k (+217%), an average of +78% a year. The sharpest change came in the year to December 2022, when income rose by 1134%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Knowledge Impact Network sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within VA. Charities of a similar size with the same main cause include Hope Station Opportunity Area Neighborhood Council ($159k), Christians Alliance Inc ($159k) and Honduras Educational Development Assistance Corp NFP ($159k).

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 $133k against liabilities of $3,605, net assets of $129k.