Imagine at Broward Inc

Analysis

Imagine at Broward Inc is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Imagine at Broward Inc reported income of $14.7m and spending of $12.7m, spending 86% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.5m to $14.7m (+97%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 37%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Imagine at Broward Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Youthbuild Charter School of California ($14.7m), Evangelical Christian School of Memphis Inc ($14.7m) and Chatham Hall ($14.7m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 86% of the total. At year end it held assets of $33.1m against liabilities of $29.3m, net assets of $3.7m.