Imani Bridges

Analysis

Imani Bridges is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in March 2005, 21 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 Bridges reported income of $75k and spending of $83k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $88k to $75k (-15%), an average of -15% a year. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Imani Bridges sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Rise Up Foundation ($75k), Hudson Rotary Charitable Fund Inc ($75k) and Blowing Rock Cares Food Pantry ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.