Impact Evansville Inc

Analysis

Impact Evansville Inc is a registered charity in United States, based in Evansville, IN. 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, Impact Evansville Inc reported income of $340k and spending of $13k, leaving 96% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $165k to $340k (+106%), an average of +106% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 3.3% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Impact Evansville Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IN. Charities of a similar size with the same main cause include Dakota Hospital Association and Foundation ($340k), Colony Housing Authority of Lamoni Iowa ($340k) and Ethnic Support Council ($340k).

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 $612k against liabilities of $0, net assets of $612k.