Imara International

Analysis

Imara International is a registered charity in United States, based in Maple Grove, MN. It received its IRS tax-exemption ruling in December 2012, 14 years ago. 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, Imara International reported income of $394k and spending of $321k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $230k to $394k (+71%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 96%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Imara International sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within MN. Charities of a similar size with the same main cause include Good Street Inc ($394k), Southern Reconciliation Ministries Inc ($394k) and Black Diamond Community Center Association ($394k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 2.6% of the total. Other salaries and wages came to $47k. At year end it held assets of $970k against liabilities of $112k, net assets of $858k. It reported 1 employees.