Imagine Ministry

Analysis

Imagine Ministry is a registered charity in United States, based in Garner, NC. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Imagine Ministry reported income of $593k and spending of $653k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $549k to $593k (+7.9%), an average of +1.9% a year. The sharpest change came in the year to December 2020, when income rose by 54%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Imagine Ministry sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Global Compassion Inc ($592k), Hunger Relief International ($593k) and The James One 27 Initiative ($592k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $253k against liabilities of $0, net assets of $253k.