School of Images Inc

Analysis

School of Images Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, School of Images Inc reported income of $583k and spending of $744k, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $426k to $583k (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2022, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, School of Images Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Christ the Center Ministries Inc ($583k), God Cares Ministry ($584k) and Marriage Masterpeace Inc ($583k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $65k (8.7% of expenses). At year end it held assets of $324k against liabilities of $0, net assets of $324k. It reported 1 employees.