Impact Alliance

Analysis

Impact Alliance is a registered charity in United States, based in Silverdale, WA. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Impact Alliance reported income of $708k and spending of $640k, spending 90% of its income. Across the 5 years on record, from October 2019 to October 2023, income fell from $986k to $708k (-28%), an average of -8.0% a year. The sharpest change came in the year to October 2020, when income dropped by 72%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Impact Alliance sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within WA. Charities of a similar size with the same main cause include Timothy Two Project International ($707k), Union Houston Inc ($708k) and New Heart Music Ministries ($707k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $117k (18% of expenses). Other salaries and wages came to $112k. At year end it held assets of $275k against liabilities of $8,163, net assets of $267k. It reported 5 employees.