Innovations for Poverty Action meets the 20 Standards for Charity Accountability.
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Year, State Incorporated
2002, NJ
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Affiliates
Innovations for Poverty Action - Bangladesh
Innovations for Poverty Action - Myanmar
Innovations for Poverty Action - Philippines
Innovations for Poverty Action - Bolivia
Innovations for Poverty Action - Colombia
Innovations for Poverty Action - Dominican Republic
Innovations for Poverty Action - Mexico
Innovations for Poverty Action - Paraguay
Innovations for Poverty Action - Peru
Innovations for Poverty Action - Burkina Faso
Innovations for Poverty Action - Cote d'Ivoire
Innovations for Poverty Action - Ghana
Innovations for Poverty Action - Liberia
Innovations for Poverty Action - Mali
Innovations for Poverty Action - Nigeria
Innovations for Poverty Action - Sierra Leone
Innovations for Poverty Action - Kenya
Innovations for Poverty Action - Malawi
Innovations for Poverty Action - Rwanda
Innovations for Poverty Action - Tanzania
Innovations for Poverty Action - Uganda
Innovations for Poverty Action - Zambia
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Stated Purpose
"to discover and promote effective solutions to global poverty problems."
Innovations for Poverty Action (IPA) brings together researchers and decision-makers to design, evaluate, and refine solutions to global poverty problems and their applications, aiming to ensure that the evidence created is used to improve the lives of the world?s poor. In 2019, IPA reported that the organization started over 60 new studies; shared research findings and promoted the use of evidence through more than 70 events around the world; saw its research contribute to evidence-informed policies in Ghana, Mexico, and Burkina Faso; launched new "embedded evidence labs" with education ministries in Rwanda, Zambia, and Ghana, and with the Inspector General's office in Colombia; and launched new efforts to respond to a need for more evidence in several areas: a forced displacement initiative, a consolidation research initiative, and a research methods initiative.
For the year ended December 31, 2019, Innovations for Poverty Action's program expenses were:
Program services |
$32,850,856 |
Total Program Expenses: |
$32,850,856 |
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: The highest paid employee in 2019 was Ms. Lucy Berkowitz, the former Chief Financial and Administrative Officer. According to IPA's 2019 IRS Form 990, Ms. Berkowitz received compensation totaling $251,140 in 2019, and left the organization in October 2020.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events
Fundraising costs were 2% of related contributions. (Related contributions, which totaled $45,287,113, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Innovations for Poverty Action's audited financial statements for the year ended December 31, 2019.
Source of Funds |
Grants and contracts |
$38,630,866 |
Contributions |
$5,174,532 |
Other income |
$14,094 |
Total Income |
$43,819,492 |
- Programs: 78%
- Administrative: 21%
- Fundraising: Less than 1%
Total Income |
$43,819,492 |
Program expenses |
$32,850,856 |
Fundraising expenses |
$737,153 |
Administrative expenses |
$8,789,045 |
Other expenses |
$0 |
Total expenses: |
$42,377,054 |
Income in Excess of Expenses |
$1,442,438 |
Beginning Net Assets |
$1,240,380 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$2,682,818 |
Total Liabilities |
$19,616,417 |
Total Assets |
$22,299,235 |