Impact Makers Foundation

Analysis

Impact Makers Foundation is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in July 2022, 4 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, Impact Makers Foundation reported income of $103k and spending of $24, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $2,000 to $103k (+5050%), an average of +5050% a year. The sharpest change came in the year to December 2023, when income rose by 5050%. Over the whole period it spent 0.0% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Impact Makers Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include Williams Center Inc ($103k), Jack Devito Foundation Inc ($103k) and Marigold Cooking Collective ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.