Childrens Imagination Station

Analysis

Childrens Imagination Station is a registered charity in United States, based in Denison, IA. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Childrens Imagination Station reported income of $624k and spending of $693k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $510k to $624k (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Imagination Station sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within IA. Charities of a similar size with the same main cause include Granny Smith Learning Academy & Outreach Inc ($624k), South Fork Bakery for the Special Needs Corp ($625k) and Society of St Vincent de Paul Diocesan Council of San Diego ($624k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $59k (8.5% of expenses). Other salaries and wages came to $442k. At year end it held assets of $491k against liabilities of $0, net assets of $491k. It reported 50 employees.