Imagine Prep Superstition Inc

Analysis

Imagine Prep Superstition Inc is a registered charity in United States, based in Apache JCT, 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 Prep Superstition Inc reported income of $4.5m and spending of $4.4m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.1m to $4.5m (+10%), an average of +2.4% a year. 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 Prep Superstition Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within AZ. Charities of a similar size with the same main cause include Dutchess Community College Association Inc ($4.5m), Crossnore School Childrens Foundation ($4.5m) and Virginia Tech Transportation Economic Development Inc ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $54k (1.2% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $11.1m against liabilities of $12.0m, net assets of -$885k. It reported 57 employees.