Innovations for Poverty Action
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Innovations for Poverty Action meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to discover and promote effective solutions to global poverty."
Year, State Incorporated:
2002, NJ
Innovations for Poverty Action (IPA) reports that it addresses the problem of limited and underutilized evidence for global poverty alleviation solutions through its policy and advisory program that scales existing evidence-based programs; its peace and recovery program that focuses on improving outcomes for conflict- and crisis-affected populations; and field research program that identifies cost-effective and scalable interventions. The organization works with partners to test poverty interventions in over 60 countries through research, evidence sharing, and capacity building. IPA states that it works with local decision-makers to identify needs, create evidence, and put evidence into action.
For the year ended December 31, 2024, Innovations for Poverty Action's program expenses were:
| Program services | $44,468,245 |
| Total Program Expenses | $44,468,245 |
Chief Executive
Annie Duflo, Executive Director
Compensation*
$315,407
Chair of the Board
Russell Siegelman
Chair's Profession / Business Affiliation
Lecturer, Stanford Graduate School of Business
Board Size
15
Paid Staff Size
609
*2024 Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Cryptocurrency
Fundraising costs were 3% of related contributions. (Related contributions, which totaled $39,269,905, 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, 2024.
Source of Funds
| Grants | $33,262,744 |
| Contracts | $13,055,609 |
| Contributions | $6,007,161 |
| Consultancy and other income | $484,764 |
| Total Income | $52,810,278 |
Programs: 77% Fundraising: 2% Administrative: 21%
| Total Income | $52,810,278 |
| Total expenses: | $57,894,421 |
| Program expenses | $44,468,245 |
| Fundraising expenses | $1,028,047 |
| Administrative expenses | $12,398,129 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-5,084,143 |
| Beginning Net Assets | $10,261,176 |
| Other Changes In Net Assets | $-601,312 |
| Ending Net Assets | $4,575,721 |
| Total Liabilities | $28,855,772 |
| Total Assets | $33,431,493 |
Note: In the financial section above, "other changes in net assets" refers to a foreign currency translation adjustment (-$601,312).
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This report is not to be used for fundraising or promotional purposes.
