Imagine Coolidge Elementary Inc

Analysis

Imagine Coolidge Elementary Inc is a registered charity in United States, based in Coolidge, AZ. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Imagine Coolidge Elementary Inc reported income of $8.7m and spending of $8.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.3m to $8.7m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Imagine Coolidge Elementary Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include Winston-Salem State University Foundation Incorporated ($8.7m), Every Student Every Community Inc ($8.7m) and Interfaith Food Center ($8.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $96k (1.1% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $9.8m against liabilities of $10.7m, net assets of -$864k.