Charity Impact Media

Home › Philanthropy, voluntarism & grantmaking

Impact Charitable

Denver, CO · EIN 47-1180598 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Impact Charitable reported $24.5 million in revenue and $16.3 million in expenses for calendar year 2024. Of every $100 it spent, $95.14 went to program services, $3.77 to management and general costs and $1.09 to fundraising. Its largest source of revenue was contributions and grants: 84.8% of the total. Government grants made up 7.5%. The highest compensation it reported for one person was $153,160 (SENIOR DIR. OF CAPITAL ACTIVATION). 4 people received more than $100,000 in reportable compensation. Revenue rose 10978% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $16M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $24M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
95.1%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
3.8%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.1%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
84.8%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
7.5%0.0%
Program service revenue share
Part VIII 2g ÷ 12
9.4%0.0%
Highest reported compensation
Part VII-A, columns D–F
$153,160$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.94%1.56%
People paid over $100,000
Part VII, line 2
43
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
13.256.6
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$3.3M expenses · 21.3% of program spending · grants $2.2M · revenue $495K

Economic mobility - Impact Charitable collaborates with catalytic funders, community leaders, local governments, and other changemakers to design and implement direct cash assistance and economic mobility programs. These services include program design, program management & implementation, and payment facilitation, all aimed at supporting economic stability, resiliency, and wealth-creation. Our approach involves intervening at key moments to prevent families from falling deeper into poverty through programs like emergency rental assistance or job loss payments, providing unrestricted…

$11M expenses · 73.1% of program spending · grants $7.5M · revenue $220K

Capital activation - at Impact Charitable, we move more money, in more ways, to more people and places by focusing on impact-first investing. Our primary objective is to drive meaningful impact, balancing financial return and risk in service of this mission. While we anticipate financial returns from our funds, our true measure of success lies in the impact and outcomes of these investments.Impact Charitable works through integrated capital, providing both grants and investments, to catalyze positive change. We collaborate with investors who understand that traditional approaches alone are…

$872K expenses · 5.6% of program spending · grants $59,332 · revenue $1.6M

Catalytic capital partners - catalytic capital partners llc, a wholly-owned subsidiary of Impact Charitable, was established to create significant efficiencies for impact funds and projects that are increasingly attracting a combination of private, philanthropic, government, and grant capital. This program leverages partners with deep experience in fund management, administration, and investment advisory services while engaging Impact Charitable's experience and expertise in philanthropic, impact-first investments, integrated capital funds, and flexible grantmaking capabilities. Impact…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
SENIOR DIR. OF CAPITAL ACTIVATION
Highest compensated employee, 40.00 hrs/week
$140,927$0$12,233$153,160
SENIOR DIR. OF ECONOMIC MOBILITY
Highest compensated employee, 40.00 hrs/week
$138,791$0$4,280$143,071
CONTROLLER
Highest compensated employee, 40.00 hrs/week
$122,860$0$4,121$126,981
DIRECTOR OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$101,368$0$4,310$105,678
EXECUTIVE DIRECTOR
Officer, 32.00 hrs/week
$63,148$0$10,281$73,429
TREASURER
Director/trustee, officer, 1.00 hrs/week
$2,906$0$0$2,906

4 people received more than $100,000 in reportable compensation from Impact Charitable (Part VII, line 2). Compensation of current officers, directors and key employees totaled $76,335 (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$24M$16M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$24M$16M95.1%$18M$153,160
2023 ⓘ$17M$14M95.6%$11M$155,336
2022 ⓘ$18M$17M98.1%$7.5M$100,025
2021 ⓘ$21M$19M98.7%$7.0M—
2020 ⓘ$15M$12M99.3%$4.2M—
2019 ⓘ$221K$244K83.8%$1.2M—

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 517
  • Volunteers Part I, line 68

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
MISSION DRIVEN FINANCE LLC
Program management
$232,488
AIDKIT INC
Cash assistance program application
$122,349

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

7 private foundations reported grants to Impact Charitable totaling $2.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Impact Charitable's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Impact Charitable, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All philanthropy, voluntarism & grantmaking charities · Largest charities in Colorado

Questions people ask

How much of Impact Charitable's spending goes to programs?

In calendar year 2024, Impact Charitable reported that 95.1% of its $16.3 million in expenses went to program services, 3.8% to management and general and 1.1% to fundraising (Form 990, Part IX).

How much does Impact Charitable pay its top executive?

The largest total compensation Impact Charitable reported for one person in calendar year 2024 was $153,160, for the role of SENIOR DIR. OF CAPITAL ACTIVATION (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Impact Charitable get its money?

Of $24.5 million in revenue in calendar year 2024, 84.8% came from contributions and grants (including 7.5% from government grants) and 9.4% from program service revenue (Form 990, Part VIII).

Is Impact Charitable a registered charity?

The IRS lists EIN 47-1180598 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202512749349301616 · read the filing
  • 2023: Form 990 for calendar year 2023, object 202433179349307313 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303199349325030 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213199349323946 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113199349325546 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013009349300131 · read the filing

All filings for EIN 47-1180598: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.