Imani Aid Inc

Analysis

Imani Aid Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2010, 16 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 December 2023, Imani Aid Inc reported income of $289k and spending of $372k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $205k to $289k (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Imani Aid Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IN. Charities of a similar size with the same main cause include It Takes a Village Inc ($289k), Domus Amoris Inc ($289k) and Mills Institute for Learning Leadership Service Inc ($289k).

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 $327k against liabilities of $0, net assets of $327k.