Imeinu Inc

Analysis

Imeinu Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Imeinu Inc reported income of $589k and spending of $540k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $532k to $589k (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Imeinu Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Mower County Agricultural Society ($589k), Rainbow Educational Child Care Center ($589k) and Digambar Jain Sangh of Northern California ($589k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $86k (16% of expenses). Other salaries and wages came to $151k. At year end it held assets of $353k against liabilities of $99k, net assets of $254k. It reported 22 employees.