Impact 928

Analysis

Impact 928 is a registered charity in United States, based in LK Havasu Cty, AZ. It received its IRS tax-exemption ruling in January 2023, 3 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Impact 928 reported income of $155k and spending of $33k, leaving 79% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $30k to $155k (+418%), an average of +418% a year. The sharpest change came in the year to December 2023, when income rose by 418%. Over the whole period it spent 21% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Impact 928 sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within AZ. Charities of a similar size with the same main cause include Future Farmers of America and Its State Associations & Local Chapter ($155k), Alpine House Incorporated ($155k) and Allendale Ambulance Corps Inc ($155k).

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 $147k against liabilities of $0, net assets of $147k.