Imagine Elementary at Desert West

Analysis

Imagine Elementary at Desert West is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Imagine Elementary at Desert West reported income of $8.8m and spending of $8.8m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.6m to $8.8m (+16%), an average of +3.8% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Imagine Elementary at Desert West sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include Thomas Jefferson School of Law ($8.8m), East Woods School Inc ($8.8m) and Dayton Regional STEM Schools Inc ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $152k (1.7% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $21.7m against liabilities of $18.2m, net assets of $3.5m.