Impact Bay Area

Analysis

Impact Bay Area is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in November 1990, 36 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 Bay Area reported income of $364k and spending of $396k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $422k to $364k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Impact Bay Area sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within CA. Charities of a similar size with the same main cause include Aligarh Education Endowment Fund Inc ($364k), Marion & Jasper Whiting Foundation ($364k) and Providence Englewood Charter School Foundation ($364k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $96k (24% of expenses). Other salaries and wages came to $107k. At year end it held assets of $117k against liabilities of $648, net assets of $117k. It reported 23 employees.