Imagine Lone Star International Academy

Analysis

Imagine Lone Star International Academy is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in January 2025. 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 August 2023, Imagine Lone Star International Academy reported income of $2.0m and spending of $2.0m, spending 103% of its income. Across the 6 years on record, from December 2018 to August 2023, income fell from $2.4m to $2.0m (-18%), an average of -3.9% a year. The sharpest change came in the year to August 2020, when income rose by 36%. 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 Lone Star International Academy sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Northern California Valley Sheet Metal Industry Joint Apprenticeshi ($2.0m), Community School ($2.0m) and East Lake Academy ($2.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $898k. At year end it held assets of $2.1m against liabilities of $1.5m, net assets of $617k. It reported 35 employees.