Innovations for Poverty Action FY2022 filing

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

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$1.7M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · 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
78%
of spending
Looks good: 78% 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
5 mo
of spending, in cash
Looks good: 4.8 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
$27.0M
69% of total assets
Worth a look: liabilities are 69% of assets; over 65%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$54.9M
+15% vs prior year
Spent
$49.3M
To programs
78%
Net assets
$11.9M
By yearFY2020–FY2024
Revenue
$54.9M
FY2022▲ +15%
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
$49.3M
FY2022▲ +13%
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
$11.9M
FY2022▲ +79%
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 FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

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

78 cents of each dollar spent went to programs.

Program services 78% · $38.3M Management & general 21% · $10.2M Fundraising 2% · $787K

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
$262,719Pt VII · Sec A
Executive Director
$239,322Pt VII · Sec A
Chief People Officer
$225,382Pt VII · Sec A
Chief Rsrch & Methodology
$217,794Pt VII · Sec A
General Counsel
$207,435Pt VII · Sec A
Chief Rsrch & Policy Officer
$156,880Pt VII · Sec A
Dir. Business & Prog Devel
$143,343Pt VII · Sec A
Dir. Poverty Measurement
$138,293Pt 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.

See Innovations for Poverty Action executive salaries →

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.

Questions for Innovations for Poverty Action

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3 programs · $21.2M · in their own filed words · FY2022
01

Education

Ipa partnered with the lego foundation and ministries of education in five countries to establish embedded evidence labs aimed at improving early learning outcomes for children. The primary objective is to enhance the use of data and evidence for education policy by embedding teams within the ministries.

$10.5Mprogram expense
02

One notable RCT conducted by ipa in partnership with researchers michael kremer and edward miguel in kenya examined the impact of a free deworming program for children at schools. The results were remarkable.

$5.5Mprogram expense
03

The financial inclusion program seeks to inform programs that can ensure low-income households have access to affordable and safe services to manage their financial resources. In 2022, ipa launched an embedded lab at the central bank of nigeria to strengthen the use of data and evidence-based decision-making within the department to…

$5.2Mprogram 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 →

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Dec 2025 · $5.6M federal money spent
Child Health and Human Development Extramural ResearchDepartment of Health and Human Services · ALN 93.865 · Through University of California, Berkley and 6 more$2.0M
International Programs to Combat Human TraffickingDepartment of State · ALN 19.019 · Direct$1.4M
Usaid Foreign Assistance for Programs OverseasU.S. Agency for International Development · ALN 98.001 · Direct and through Center for Effective Global Action (cega) and 13 more$640K
Social, Behavioral, and Economic SciencesNational Science Foundation · ALN 47.075 · Through University of California, Berkley and 4 more$579K
Criminal Justice SystemsDepartment of State · ALN 19.703 · Direct$498K

Plus 2 smaller programs.

The auditor reported no findings.

Year ending Dec 2024 · $12.8M federal money spent
Usaid Foreign Assistance for Programs OverseasU.S. Agency for International Development · ALN 98.001 · Direct and through Chemonics International and 15 more$6.8M
International Programs to Combat Human TraffickingDepartment of State · ALN 19.019 · Direct$2.0M
Criminal Justice SystemsDepartment of State · ALN 19.703 · Direct and through Instituto Tecnologico Autonomo De Mexico$1.4M
Social, Behavioral, and Economic SciencesNational Science Foundation · ALN 47.075 · Through University of California, Berkeley and 4 more$687K
International Labor ProgramsDepartment of Labor · ALN 17.401 · Direct$617K

Plus 5 smaller programs.

The auditor reported no findings.

Year ending Dec 2023 · $8.8M federal money spent
Usaid Foreign Assistance for Programs OverseasU.S. Agency for International Development · ALN 98.001 · Direct and through Chemonics International and 14 more$4.8M
International Programs to Combat Human TraffickingDepartment of State · ALN 19.019 · Direct$1.3M
Criminal Justice SystemsDepartment of State · ALN 19.703 · Direct and through Instituto Tecnologico Autonomo De Mexico$872K
Social, Behavioral, and Economic SciencesNational Science Foundation · ALN 47.075 · Through University of California, Berkeley and 3 more$612K
Child Health and Human Development Extramural ResearchDepartment of Health and Human Services · ALN 93.865 · Through University of California, Los Angeles and 3 more$545K

Plus 5 smaller programs.

The auditor reported no findings.

Year ending Dec 2022 · $7.3M federal money spent
Usaid Foreign Assistance for Programs OverseasU.S. Agency for International Development · ALN 98.001 · Direct and through Chemonics International and 17 more$5.9M
International Programs to Combat Human TraffickingDepartment of State · ALN 19.019 · Direct$770K
Child Health and Human Development Extramural ResearchDepartment of Health and Human Services · ALN 93.865 · Through University of California, Los Angeles and 1 more$266K
Social, Behavioral, and Economic SciencesNational Science Foundation · ALN 47.075 · Direct and through Michigan State University and 3 more$210K
McC Foreign Assistance for Overseas ProgramsScholarship and fellowship foundations · ALN 85.002 · Direct$86K

Plus 2 smaller programs.

The auditor reported no findings.

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$54.9M
Ln 12
Gifts and grantsLn 1h$53.9M
Other incomeLn 4–11$901K
Fees for servicesLn 2g$56K
Money outPt IX
$49.3M
Ln 25
Programscol B$38.3M
Managementcol C$10.2M
Fundraisingcol D$787K
Owns and owesPt X
$11.9M
net assets · Ln 32
Cash and savingsLn 1–2$19.9M
Total assetsLn 16$38.8M
LiabilitiesLn 26$27.0M
PeoplePt VI, VII
24
listed · VII A
PaidVII A9
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$53.9M
Government grantsLn 1e$2.7M
Noncash giftsLn 1g$2K
Fees for servicesLn 2g$56K
Investment incomeLn 3$17K
Other incomeLn 4–11$901K
Total revenueLn 12$54.9M
Assets in detailPt X, end of year
CashLn 1$14.5M
SavingsLn 2$5.4M
Cash and savings togetherLn 1–2$19.9M
Pledges and grants receivableLn 3$4.7M
Accounts receivableLn 4$11.8M
Inventories for sale or useLn 8$255K
Prepaid expenses and deferred chargesLn 9$996K
Land, buildings, equipmentLn 10c$374K
Other assetsLn 15$826K
Total assetsLn 16$38.8M
LiabilitiesLn 26$27.0M
Net assetsLn 32$11.9M
OperationsPt I, VI
EmployeesI 5140
VolunteersI 624
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$1.1M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$17.9M$19.9M
Land, buildings, equipmentLn 10c$288K$374K
Total assetsLn 16$30.8M$38.8M
LiabilitiesLn 26$24.2M$27.0M
Net assetsLn 32$6.6M$11.9M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.3M$1.3M
Grants and assistance to foreign recipientsLn 3$1.1M$1.1M
Pay of current officers, directors and key staffLn 5$1.1M$6K$1.1M
Other salaries and wagesLn 7$22.0M$17.1M$4.5M$435K
Pension plan contributionsLn 8$636K$412K$201K$23K
Other employee benefitsLn 9$3.4M$2.2M$1.1M$121K
Payroll taxesLn 10$1.3M$819K$457K$46K
Legal feesLn 11b$462K$462K
Accounting feesLn 11c$399K$399K
Other fees for servicesLn 11g$4.6M$3.9M$678K$10K
Advertising and promotionLn 12$428K$354K$62K$13K
Office expensesLn 13$1.3M$1.1M$168K$20K
Information technologyLn 14$1.1M$779K$293K$40K
OccupancyLn 16$1.1M$901K$189K$30K
TravelLn 17$4.1M$3.7M$354K$18K
Conferences, conventions and meetingsLn 19$819K$752K$67K$218
Depreciation, depletion and amortizationLn 22$106K$22K$84K
InsuranceLn 23$262K$212K$39K$12K
Other expenses (24a–d)Ln 24$3.4M$3.4M$48K$10K
All other expensesLn 24e$302K$250K$44K$9K
Total functional expensesLn 25$49.3M$38.3M$10.2M$787K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 12, 2025 $52.8M$57.9M−$5.1M$4.6M 990 PDF
FY2023Filed with the IRS Nov 12, 2024 $53.3M$54.4M−$1.2M$10.3M 990 PDF
FY2022 ViewingFiled with the IRS Nov 15, 2023 $54.9M$49.3M$5.6M$11.9M 990 PDF
FY2021Filed with the IRS Dec 22, 2022 $47.8M$43.6M$4.2M$6.6M 990 PDF
FY2020Filed with the IRS Nov 11, 2021 $35.4M$35.5M−$155K$2.5M 990 PDF

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 FY2022 990 (6 parts)
Part I · Summary $54,859,211 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $47,518,994$53,884,762
I-9 Program service revenuePrior year $247,700$56,435
I-10 Investment incomePrior year $1,175$17,368
I-11 Other revenuePrior year $41,442$900,646
I-12 Total revenuePrior year $47,809,311$54,859,211
I-13 Grants and similar amounts paidPrior year $2,966,351$2,408,238
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $24,939,346$28,455,156
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $15,662,636$18,412,390
I-18 Total expensesPrior year $43,568,333$49,275,784
I-19 Revenue less expensesPrior year $4,240,978$5,583,427
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
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 $54,859,211 across 8 lines filed
VIII-1e Government grants$2,718,799
VIII-1f All other contributions, gifts and grants$51,165,963
VIII-1g Noncash contributions (included above)$2,245
VIII-1h Total contributions, gifts and grants$53,884,762
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $56,435$56,435
VIII-3 Investment incomeExcluded from tax $17,368$17,368
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $900,646$900,646
VIII-12 Total revenueRelated to mission $957,081 · Unrelated business $0 · Excluded from tax $17,368$54,859,211
Part IX · Statement of functional expenses $49,275,784 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $1,315,991$1,315,991
IX-3 Grants and assistance to foreign recipientsPrograms $1,092,247$1,092,247
IX-5 Pay of current officers, directors and key staffPrograms $5,687 · Management $1,090,851$1,096,538
IX-7 Other salaries and wagesPrograms $17,080,056 · Management $4,528,678 · Fundraising $434,706$22,043,440
IX-8 Pension plan contributionsPrograms $411,706 · Management $201,037 · Fundraising $22,985$635,728
IX-9 Other employee benefitsPrograms $2,162,013 · Management $1,074,914 · Fundraising $120,702$3,357,629
IX-10 Payroll taxesPrograms $819,051 · Management $457,060 · Fundraising $45,710$1,321,821
IX-11b Legal feesManagement $461,795$461,795
IX-11c Accounting feesManagement $399,209$399,209
IX-11g Other fees for servicesPrograms $3,939,989 · Management $677,570 · Fundraising $9,855$4,627,414
IX-12 Advertising and promotionPrograms $353,733 · Management $61,700 · Fundraising $12,838$428,271
IX-13 Office expensesPrograms $1,119,364 · Management $167,976 · Fundraising $20,360$1,307,700
IX-14 Information technologyPrograms $779,141 · Management $293,399 · Fundraising $39,865$1,112,405
IX-16 OccupancyPrograms $901,016 · Management $188,922 · Fundraising $30,439$1,120,377
IX-17 TravelPrograms $3,685,148 · Management $353,725 · Fundraising $18,046$4,056,919
IX-19 Conferences, conventions and meetingsPrograms $752,080 · Management $67,181 · Fundraising $218$819,479
IX-22 Depreciation, depletion and amortizationPrograms $22,406 · Management $83,710$106,116
IX-23 InsurancePrograms $211,575 · Management $38,630 · Fundraising $12,223$262,428
IX-24 Other expenses (24a–d)Programs $3,350,123 · Management $48,084 · Fundraising $9,720$3,407,927
IX-24e All other expensesPrograms $249,728 · Management $43,559 · Fundraising $9,063$302,350
IX-25 Total functional expensesPrograms $38,251,054 · Management $10,238,000 · Fundraising $786,730$49,275,784
Part X · Balance sheet $38,831,283 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $16,493,496$14,456,771
X-2 Savings and temporary cash investmentsStart of year $1,390,375$5,409,139
X-3 Pledges and grants receivableStart of year $1,405,012$4,687,552
X-4 Accounts receivableStart of year $9,944,829$11,827,345
X-8 Inventories for sale or useStart of year $158,527$254,511
X-9 Prepaid expenses and deferred chargesStart of year $714,219$996,095
X-10c Land, buildings and equipment, netStart of year $287,849$373,920
X-15 Other assetsStart of year $416,956$825,950
X-16 Total assetsStart of year $30,811,263$38,831,283
X-17 Accounts payable and accrued expensesStart of year $4,650,793$4,562,090
X-19 Deferred revenueStart of year $19,491,648$22,056,105
X-25 Other liabilitiesStart of year $41,640$354,390
X-26 Total liabilitiesStart of year $24,184,081$26,972,585
X-27 Net assets without donor restrictionsStart of year $5,222,170$6,981,146
X-28 Net assets with donor restrictionsStart of year $1,405,012$4,877,552
X-32 Total net assets or fund balancesStart of year $6,627,182$11,858,698
X-33 Total liabilities and net assetsStart of year $30,811,263$38,831,283
Part XI · Reconciliation of net assets $11,858,698 net assets at year end
XI-1 Total revenue$54,859,211
XI-2 Total expenses$49,275,784
XI-3 Revenue less expenses$5,583,427
XI-4 Net assets at start of year$6,627,182
XI-5 Net unrealized gains (losses) on investments−$351,911
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$11,858,698

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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