Antonella Improta Memorial Foundation

Analysis

Antonella Improta Memorial Foundation is a registered charity in United States, based in Bloomfield Hills, MI. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Antonella Improta Memorial Foundation reported income of $100k and spending of $137k, spending 138% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $38k to $100k (+165%), an average of +63% a year. The sharpest change came in the year to December 2022, when income rose by 359%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Antonella Improta Memorial Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Eagle Pointe Parent Teacher Organization ($100k), Douglas County Library Foundation ($100k) and Significance of One ($100k).

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 $62k against liabilities of $1,890, net assets of $60k.