Impact World Change Inc
Analysis
Impact World Change Inc is a registered charity in United States, based in Nisswa, MN. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 World Change Inc reported income of $350k and spending of $371k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $390k to $350k (-10%), an average of -10% a year. Over the whole period it spent 93% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Impact World Change Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Impact Television Network ($350k), Finishing Well Ministries ($350k) and Pastoral Reflections Institute ($350k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $123k against liabilities of $60k, net assets of $63k.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 2.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Impact Television Network | Sacramento | $350k |
| Finishing Well Ministries | Plano | $350k |
| Pastoral Reflections Institute | Dallas | $350k |
| Love Inc of Metro Tampa | Tampa | $350k |