Impact Capital

Analysis

Impact Capital is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover public and societal benefit, 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 December 2023, Impact Capital reported income of $1.2m and spending of $928k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $1.2m (-0.6%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Impact Capital sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within WA. Charities of a similar size with the same main cause include San Joaquin County Historical Society ($1.2m), Habitat for Humanity International Inc ($1.2m) and Faculty Student Association Broome Community College ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $460k (50% of expenses). Other salaries and wages came to $51. At year end it held assets of $19.6m against liabilities of $14.2m, net assets of $5.4m. It reported 5 employees.