Innovations for Poverty Action discovers and promotes effective solutions to global Poverty.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Run by 24 volunteers and 140 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $684K a year · 1% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.7M
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 4.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $26K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$28.9M
86% of total assets
Concern: liabilities are 86% of assets; over 80%.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$52.8M
-0.9% vs prior year
Spent
$57.9M
To programs
77%
Net assets
$4.6M
By yearFY2020–FY2024
Revenue
$52.8M
FY2024▼ -0.9%
Tap a bar for its year
Revenue by fiscal year
FY2020$35.4M
FY2021$47.8M
FY2022$54.9M
FY2023$53.3M
FY2024$52.8M
Expenses
$57.9M
FY2024▲ +6%
Tap a bar for its year
Expenses by fiscal year
FY2020$35.5M
FY2021$43.6M
FY2022$49.3M
FY2023$54.4M
FY2024$57.9M
Net assets
$4.6M
FY2024▼ -55%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.5M
FY2021$6.6M
FY2022$11.9M
FY2023$10.3M
FY2024$4.6M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $44.5M Management & general 21% · $12.4M Fundraising 2% · $1.0M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

24 people listed on the 990; $1.7M paid to officers and key staff.

Part VII, Section A · reportable compensation
$274,059Pt VII · Sec A
Chief Philanthropy Officer
$253,502Pt VII · Sec A
Executive Director
$249,217Pt VII · Sec A
Chief Rsrch & Methodology
$236,233Pt VII · Sec A
General Counsel
$235,139Pt VII · Sec A
Controller
$167,284Pt VII · Sec A
Dir. Business & Prog. Development
$157,545Pt VII · Sec A
SR. Dir. of Sector Programs
$155,999Pt VII · Sec A

Eric Fullilove’s $274K as CFO is at the 20th percentile of top reported officer pay among 41 $10–100M social science nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Lucy Berkowitz———$16,268$284,613
Eric Fullilove$274,059$274,768$262,719$257,764—
Annie Duflo$249,217$265,999$239,322$196,443$188,381
Sarah De Tournemire$253,502$244,978———
Steven Glazerman$236,233$229,742$217,794$211,536$201,685
Stacey Daves-Ohlin$235,139$224,486$207,435$189,874$180,357
Meseret Ansebo—$145,030$225,382——
Radha Rajkotia——$156,880$200,556$190,784

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Discovers and promotes effective solutions to global poverty.

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Provided by the organization

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3 programs · $21.4M · in their own filed words · FY2024
01

Ipa's policy and advisory work supported the scaling of multiple cost effective programs. In the philippines, ipa partnered with the department of education and youth impact to scale an international cost-effective phone tutoring and sms-based education program, proven through randomized controlled trials as an effective remedial…

$9.4Mprogram expense
02

As part of ipa's sector programs, ipa's peace & recovery program (P&R) aims to improve outcomes for conflict- and crisis-affected populations by building the evidence base on reducing violence and fragility, promoting peace, and preventing, coping with, and recovering from crises.

$6.1Mprogram expense
03

Ipa has also continued to directly run rigorous field research to identify cost-effective and scalable programs. One example relates to childhood immunization, one of the most cost-effective ways of reducing child mortality, but in some contexts a large percentage of children fail to complete their immunization schedules.

$6.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$26K
Grants paid · 113 grants · $7.4M · 2020–2024
Northwestern UniversityIL · FY2024$360,457
Freedom FundNY · FY2024$207,542
Yale UniversityCT · FY2024$174,485
Univ of Penn TrustePA · FY2024$127,091
The College of William and MaryFY2024$60,000
Johns Hopkins UniversityMD · FY2024$27,000
Regents of the University of California DavisFY2024$26,013
Univ of Penn TrustePA · FY2024$25,000
World Hope International INCVA · FY2024$24,796
See all 113 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$52.8M
Ln 12
Gifts and grantsLn 1h$39.3M
Fees for servicesLn 2g$13.1M
Investment incomeLn 3$340K
Money outPt IX
$57.9M
Ln 25
Programscol B$44.5M
Managementcol C$12.4M
Fundraisingcol D$1.0M
Owns and owesPt X
$4.6M
net assets · Ln 32
Cash and savingsLn 1–2$19.4M
Total assetsLn 16$33.4M
LiabilitiesLn 26$28.9M
PeoplePt VI, VII
24
listed · VII A
PaidVII A8
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$39.3M
Government grantsLn 1e$5.2M
Fees for servicesLn 2g$13.1M
Investment incomeLn 3$340K
Other incomeLn 4–11$130K
Total revenueLn 12$52.8M
Assets in detailPt X, end of year
CashLn 1$12.6M
SavingsLn 2$6.7M
Cash and savings togetherLn 1–2$19.4M
Land, buildings, equipmentLn 10c$222K
Other assetsLn 15$492K
Total assetsLn 16$33.4M
LiabilitiesLn 26$28.9M
Net assetsLn 32$4.6M
OperationsPt I, VI
EmployeesI 5140
VolunteersI 624
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$19.6M$19.4M
Land, buildings, equipmentLn 10c$255K$222K
Total assetsLn 16$32.1M$33.4M
LiabilitiesLn 26$21.8M$28.9M
Net assetsLn 32$10.3M$4.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.8M$1.8M
Grants and assistance to foreign recipientsLn 3$1.6M$1.6M
Pay of current officers, directors and key staffLn 5$909K$909K
Other salaries and wagesLn 7$26.2M$18.8M$6.9M$556K
Pension plan contributionsLn 8$1.1M$880K$191K$29K
Other employee benefitsLn 9$4.2M$3.4M$707K$115K
Payroll taxesLn 10$2.4M$1.9M$457K$63K
Legal feesLn 11b$365K$365K
Accounting feesLn 11c$269K$269K
Other fees for servicesLn 11g$4.0M$2.9M$1.0M$96K
Advertising and promotionLn 12$392K$286K$94K$12K
Office expensesLn 13$1.1M$896K$169K$16K
Information technologyLn 14$1.3M$872K$357K$48K
OccupancyLn 16$1.1M$925K$175K$31K
TravelLn 17$5.3M$4.8M$382K$23K
Conferences, conventions and meetingsLn 19$1.1M$1.0M$69K$6K
Depreciation, depletion and amortizationLn 22$100K$9K$91K
InsuranceLn 23$281K$206K$69K$5K
Other expenses (24a–d)Ln 24$3.7M$3.5M$171K$22K
All other expensesLn 24e$561K$510K$45K$5K
Total functional expensesLn 25$57.9M$44.5M$12.4M$1.0M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $52.8M$57.9M−$5.1M$4.6M 990 PDF
FY2023 $53.3M$54.4M−$1.2M$10.3M 990 PDF
FY2022 $54.9M$49.3M$5.6M$11.9M 990 PDF
FY2021 $47.8M$43.6M$4.2M$6.6M 990 PDF
FY2020 $35.4M$35.5M−$155K$2.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $52,795,464 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $51,445,509$39,269,905
I-9 Program service revenuePrior year $492,086$13,055,609
I-10 Investment incomePrior year $327,895$340,106
I-11 Other revenuePrior year $1,013,135$129,844
I-12 Total revenuePrior year $53,278,625$52,795,464
I-13 Grants and similar amounts paidPrior year $3,610,664$3,482,661
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $31,845,059$34,889,503
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $18,975,243$19,522,257
I-18 Total expensesPrior year $54,430,966$57,894,421
I-19 Revenue less expensesPrior year −$1,152,341−$5,098,957
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $52,795,464 across 7 lines filed
VIII-1e Government grants$5,199,582
VIII-1f All other contributions, gifts and grants$34,070,323
VIII-1h Total contributions, gifts and grants$39,269,905
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $13,055,609$13,055,609
VIII-3 Investment incomeExcluded from tax $340,106$340,106
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $144,658 · Excluded from tax −$14,814$129,844
VIII-12 Total revenueRelated to mission $13,200,267 · Unrelated business $0 · Excluded from tax $325,292$52,795,464
Part IX · Statement of functional expenses $57,894,421 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $1,836,362$1,836,362
IX-3 Grants and assistance to foreign recipientsPrograms $1,646,299$1,646,299
IX-5 Pay of current officers, directors and key staffManagement $908,883$908,883
IX-7 Other salaries and wagesPrograms $18,829,831 · Management $6,860,707 · Fundraising $556,443$26,246,981
IX-8 Pension plan contributionsPrograms $879,747 · Management $191,306 · Fundraising $29,490$1,100,543
IX-9 Other employee benefitsPrograms $3,417,856 · Management $706,920 · Fundraising $114,570$4,239,346
IX-10 Payroll taxesPrograms $1,873,719 · Management $457,222 · Fundraising $62,809$2,393,750
IX-11b Legal feesManagement $365,027$365,027
IX-11c Accounting feesManagement $268,558$268,558
IX-11g Other fees for servicesPrograms $2,915,925 · Management $1,016,308 · Fundraising $96,470$4,028,703
IX-12 Advertising and promotionPrograms $285,830 · Management $94,184 · Fundraising $12,095$392,109
IX-13 Office expensesPrograms $896,272 · Management $169,226 · Fundraising $16,185$1,081,683
IX-14 Information technologyPrograms $871,904 · Management $357,482 · Fundraising $47,997$1,277,383
IX-16 OccupancyPrograms $925,052 · Management $174,586 · Fundraising $31,038$1,130,676
IX-17 TravelPrograms $4,849,482 · Management $382,239 · Fundraising $22,633$5,254,354
IX-19 Conferences, conventions and meetingsPrograms $1,014,130 · Management $68,793 · Fundraising $6,336$1,089,259
IX-22 Depreciation, depletion and amortizationPrograms $8,697 · Management $91,083$99,780
IX-23 InsurancePrograms $206,379 · Management $69,303 · Fundraising $5,044$280,726
IX-24 Other expenses (24a–d)Programs $3,500,352 · Management $170,972 · Fundraising $21,649$3,692,973
IX-24e All other expensesPrograms $510,408 · Management $45,330 · Fundraising $5,288$561,026
IX-25 Total functional expensesPrograms $44,468,245 · Management $12,398,129 · Fundraising $1,028,047$57,894,421
Part X · Balance sheet $33,431,493 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $10,115,642$12,624,497
X-2 Savings and temporary cash investmentsStart of year $9,479,259$6,748,123
X-3 Pledges and grants receivableStart of year $588,589$337,562
X-4 Accounts receivableStart of year $9,733,696$11,951,862
X-8 Inventories for sale or useStart of year $315,623$67,624
X-9 Prepaid expenses and deferred chargesStart of year $1,183,218$987,509
X-10c Land, buildings and equipment, netStart of year $254,794$222,429
X-15 Other assetsStart of year $397,195$491,887
X-16 Total assetsStart of year $32,068,016$33,431,493
X-17 Accounts payable and accrued expensesStart of year $3,572,401$4,124,312
X-19 Deferred revenueStart of year $18,052,434$24,685,829
X-25 Other liabilitiesStart of year $182,005$45,631
X-26 Total liabilitiesStart of year $21,806,840$28,855,772
X-27 Net assets without donor restrictionsStart of year $6,696,482$2,964,517
X-28 Net assets with donor restrictionsStart of year $3,564,694$1,611,204
X-32 Total net assets or fund balancesStart of year $10,261,176$4,575,721
X-33 Total liabilities and net assetsStart of year $32,068,016$33,431,493
Part XI · Reconciliation of net assets $4,575,721 net assets at year end
XI-1 Total revenue$52,795,464
XI-2 Total expenses$57,894,421
XI-3 Revenue less expenses−$5,098,957
XI-4 Net assets at start of year$10,261,176
XI-9 Other changes in net assets−$586,498
XI-10 Net assets at end of year$4,575,721

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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