Ignite Europe

Analysis

Ignite Europe is a registered charity in United States, based in Cedar Hill, TX. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Ignite Europe reported income of $280k and spending of $331k, spending 118% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $245k to $280k (+15%), an average of +7.1% a year. The sharpest change came in the year to December 2022, when income rose by 101%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ignite Europe sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within TX. Charities of a similar size with the same main cause include Bridges for Youth Inc ($280k), Israel Today Ministries Inc ($280k) and Holiness Christian Church of the Bronx ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $83k. At year end it held assets of $26k against liabilities of $237, net assets of $25k.