Impact Fund

Analysis

Impact Fund is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Impact Fund reported income of $2.7m and spending of $2.9m, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.7m (+62%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Impact Fund 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 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Del Norte Child Care Council ($2.7m), Housing Solutions Incorporated ($2.7m) and Health and Human Resource Education Center ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $336k (12% of expenses). Other salaries and wages came to $773k. At year end it held assets of $3.6m against liabilities of $1.3m, net assets of $2.3m. It reported 17 employees.