Destination Imagination Inc

Analysis

Destination Imagination Inc is a registered charity in United States, based in Croton on Hudson, NY. It received its IRS tax-exemption ruling in August 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Destination Imagination Inc reported income of $61k and spending of $60k, spending 98% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $39k to $61k (+56%), an average of +12% a year. The sharpest change came in the year to July 2022, when income rose by 66%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Destination Imagination Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Siloam Springs Adult Development Center Fund Inc ($61k), Camp Jefferson Inc ($61k) and Hutchinson Theatre Guild ($61k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 43% and program service revenue 42% of the total. At year end it held assets of $74k against liabilities of $373, net assets of $74k.