Innovations for Poverty Action
1701 Rhode Island Ave NW 3-124, Washington, DC · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $52,795,464 | $57,894,421 | $4,575,721 |
| FY2023 | $53,278,625 | $54,430,966 | $10,261,176 |
| FY2022 | $54,859,211 | $49,275,784 | $11,858,698 |
| FY2021 | $47,809,311 | $43,568,333 | $6,627,182 |
| FY2020 | $35,392,801 | $35,548,175 | $2,527,444 |
| FY2019 | $43,819,492 | $42,377,054 | $2,682,818 |
| FY2018 | $41,115,775 | $39,943,714 | $1,240,380 |
| FY2017 | $42,519,451 | $38,334,268 | $68,319 |
| FY2016 | $49,624,396 | $44,953,695 | -$4,116,864 |
| FY2015 | $39,166,162 | $42,597,925 | -$8,787,565 |
| FY2014 | $42,568,807 | $42,801,566 | $1,446,549 |
| FY2013 | $40,525,545 | $40,288,628 | $1,679,308 |
| FY2012 | $36,729,606 | $34,962,993 | $1,442,391 |
| FY2011 | $29,710,622 | $27,486,121 | $4,867,773 |
Form 990 filings
The returns filed by Innovations for Poverty Action (EIN 06-1660068), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $39,269,905 | 74% |
| Program service revenue | $13,055,609 | 25% |
| Other revenue | $469,950 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $44,468,245 | 77% |
| Management & general | $12,398,129 | 21% |
| Fundraising | $1,028,047 | 2% |
What the numbers show
- Contributions & grants made up 74% of total revenue in FY2024.
- Program services accounted for 77% of functional expenses, management & general 21%, and fundraising 2%.
- 77% of functional expenses went to program services in FY2024. That is higher than 32.7% of 49 Social Science organizations nationwide (too few in DC for a state comparison).
- Net assets covered about 0.9 months of expenses at the end of the reporting year. That puts it in the 6th percentile among 67 Social Science organizations in DC.
- Total revenue was higher than 92.5% of 67 Social Science organizations in DC.
- Total revenue rose from $29,710,622 in FY2011 to $52,795,464 in FY2024. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2014, FY2015, FY2020, FY2023, FY2024).
- The highest revenue on record here is $54,859,211 in FY2022.
- Net assets declined from $4,867,773 to $4,575,721 between FY2011 and FY2024.
- Contributions and grants made up 100% of revenue in FY2011 and 74% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
INNOVATIONS FOR POVERTY ACTION DISCOVERS AND PROMOTES EFFECTIVE SOLUTIONS TO GLOBAL POVERTY.
IRS status
| Ruling year | 2003 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | V30 — Social Science |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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