Silver Spring, Maryland, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Inc. magazine recently revealed that Impact Marketing + Communications is on its annual Inc. 5000 list— the most prestigious ranking of the fastest-growing private companies in America. The ranking represents a data-driven compilation of the most successful companies within the economy’s most dynamic segment—its independent businesses. Of the 5,000, and headquartered in Silver Spring, Md., Impact Marketing + Communications is No. 2,366, making it the 45th fastest growing company in Maryland and the 201st fastest growing company in advertising and marketing.
“We are honored to be listed among some of the most recognized and respected names in the industry,” said Sarah Cook-Raymond, President and CEO, Impact Marketing + Communications. “This accomplishment would not have been possible without our incredible team and without our partners, clients, and collaborators. This win is also their win—and is a testament of what we are growing together.”
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. Overall, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at inc.com/inc5000. A spotlight article on Impact Marketing + Communications will be featured in the November issue of Inc. magazine.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. Editor-in-Chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc is thrilled to honor the companies that are building our future.”
About Impact Marketing + Communications
With headquarters in Silver Spring, Md., Impact Marketing + Communications is an award-winning woman-owned integrated marketing and communications firm with a growing national and international presence. A certified small business, their full-service offerings include branding; writing and editing; graphic and web design; advertising and awareness campaigns; photography and videography; social media; behavior change strategy, based on formative research and content analysis; and training and facilitation, including webinars, e-learning platforms, and curricula development. Impact Marketing + Communications provides a personalized and research-based approach to increase brand awareness, elevate missions, and drive ROI. Follow Impact Marketing + Communications on LinkedIn.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit inc.com.
