Imani House
Analysis
Imani House is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Imani House reported income of $916k and spending of $712k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $545k to $916k (+68%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 62%. Over the whole period it spent 90% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Imani House sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Viet Toc Foundation Inc ($915k), Haitian Christian Outreach Inc ($918k) and Good News Center Inc ($915k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $85k (12% of expenses). Other salaries and wages came to $375k. At year end it held assets of $472k against liabilities of $12k, net assets of $460k. It reported 61 employees.
Income and spending
Where the income comes from
- Contributions & grants 75%
- Program services 2.7%
- Other 22%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Viet Toc Foundation Inc | Silver Spring | $915k |
| Haitian Christian Outreach Inc | Kokomo | $918k |
| Good News Center Inc | Suwanee | $915k |
| Central Europe Center for Research & Documentation Inc | Silver Spring | $918k |