Imani Christian Academy

Analysis

Imani Christian Academy is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Imani Christian Academy reported income of $3.2m and spending of $3.3m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.2m (+6.2%), an average of +1.5% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Imani Christian Academy sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Central Louisiana Area Health Education Center Inc ($3.2m), Boise Bible College Inc ($3.2m) and Financial Issues Stewardship Ministries ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $165k (4.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $2.2m against liabilities of $1.0m, net assets of $1.2m. It reported 47 employees.