Nonprofit screen
Screen a listInnovations for Poverty Action a Nonprofit Corporation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS listing
- Listed
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$53Mrevenue
FY2024 · +10% in 3 yrs110staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−9.7%
Months of reserve4.0mo
Revenue growth (annualized)+3.1%
Middle half of peersMedianInnovations for Poverty Action a Nonprofit
Where the money goes FY2024 · $58M spent
Programs$44M77%Management and general$12M21%Fundraising$1.0M2%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$1.2M in FY2023 and −$5.1M in FY2024. Cash covers 4.0 months, above the peer median of 3.9.
990 Part I and balance sheetIn its favor2
Strong governance
14 of 14 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 8 of its 8 returns, 10% of revenue in FY2024. $32M is traced federal awards from Department of State.
990 Part VIII · USAspending89funders
$18Ma year, last 3 years
24%from its largest funder
Funder’17’18’19’20’21’22’23Wellspring Philanthropic Fund IncEvery year since FY2017$1.4M$3.0M$3.8M$3.7M$3.5M$2.5M$2.0MGates FoundationOn and off$2.6M$3.2M$3.8M$2.5M$6.9MSave The Children Federation IncSince FY2018$700k$151k$426k$1.7M$2.0M$862kInternational Initiative for Impact Evaluation IncStopped after FY2022$1.3M$828k$953k$688k$696k$21k–Conrad N Hilton FoundationSince FY2021$1.4M$1.4M$200kLaidir FoundationSince FY2018$450k$350k$350k$350k$250k$250kDonor-advised giftsDonors not disclosed$6.1M$2.6M$2.9M$2.6M$3.1M$3.6M$11M62 other fundersUp to $1.4M a year each$2.7M$1.6M$1.4M$3.0M$2.3M$1.5M$2.6M
FundedThrough a donor-advised fundStopped