Invisible Wounds Foundation

Analysis

Invisible Wounds Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Invisible Wounds Foundation reported income of $379k and spending of $440k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $266k to $379k (+43%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Invisible Wounds Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Lowcountry Autism Foundation Inc ($379k), In the Pink Boutique Inc ($379k) and Fresh Start Wellness Center Inc ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $57k against liabilities of $20k, net assets of $38k.