Imagine School at North Port Inc

Analysis

Imagine School at North Port Inc is a registered charity in United States, based in North Port, FL. It received its IRS tax-exemption ruling in October 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 2023, Imagine School at North Port Inc reported income of $14.3m and spending of $13.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.6m to $14.3m (+23%), an average of +5.4% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Imagine School at North Port 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 Southwest Winners Foundation Inc ($14.3m), Chester Charter Scholars Academy ($14.3m) and School of Excellence in Education ($14.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% of the total. Other salaries and wages came to $6.6m. At year end it held assets of $8.3m against liabilities of $6.2m, net assets of $2.1m. It reported 177 employees.