Imagine Elementary at Camelback Inc

Analysis

Imagine Elementary at Camelback Inc 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 Camelback Inc reported income of $5.3m and spending of $5.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $5.3m (+11%), an average of +2.6% a year. Over the whole period it spent 99% 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 Camelback Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within AZ. Charities of a similar size with the same main cause include Chi Psi Educational Trust Inc ($5.3m), Florida Education Fund Inc ($5.3m) and Montessori New Beginnings Academy Inc ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $95k (1.8% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $4.6m against liabilities of $3.8m, net assets of $804k.