Imagine Avondale Middle Inc
Analysis
Imagine Avondale Middle Inc is a registered charity in United States, based in Avondale, AZ. It received its IRS tax-exemption ruling in July 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 Avondale Middle Inc reported income of $2.6m and spending of $2.5m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.6m (+19%), an average of +4.3% a year. 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 Avondale Middle Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include P2l Pathways to Leadership Inc ($2.6m), Independent Training and Apprenticeship Program ($2.6m) and Edge School Inc ($2.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $23k (0.9% of expenses). Other salaries and wages came to $983k. At year end it held assets of $3.4m against liabilities of $2.7m, net assets of $696k. It reported 41 employees.
Income and spending
Where the income comes from
- Contributions & grants 23%
- Program services 77%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| P2l Pathways to Leadership Inc | New York | $2.6m |
| Independent Training and Apprenticeship Program | Sacramento | $2.6m |
| Edge School Inc | Tucson | $2.6m |
| Mercantile Library Association of the City of New York | Brooklyn | $2.6m |