Uslimpact Inc

Analysis

Uslimpact Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in October 2021, 5 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, Uslimpact Inc reported income of $130k and spending of $170k, spending 131% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $633k to $130k (-79%), an average of -55% a year. The sharpest change came in the year to December 2022, when income dropped by 69%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Uslimpact Inc 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 44th percentile, and in the 46th percentile within GA. Charities of a similar size with the same main cause include Volunteers of America Inc ($130k), PTA California Congress of Parents Teachers & Students Inc ($130k) and Thomas D Clark Foundation Inc ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $555k against liabilities of $0, net assets of $555k.