Imani Family Center

Analysis

Imani Family Center is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in July 2004, 22 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 Family Center reported income of $1.1m and spending of $975k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $509k to $1.1m (+114%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 118%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Imani Family Center sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Twin Rivers Food Pantry ($1.1m), Childrens Recovery Center Inc ($1.1m) and Blue Star Service Dogs Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $115k (12% of expenses). Other salaries and wages came to $531k. At year end it held assets of $560k against liabilities of $45k, net assets of $515k. It reported 40 employees.