Imagine for Youth Foundation Inc

Analysis

Imagine for Youth Foundation Inc is a registered charity in United States, based in Fostoria, OH. It received its IRS tax-exemption ruling in January 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Imagine for Youth Foundation Inc reported income of $525k and spending of $198k, leaving 62% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $362k to $525k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 48% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Imagine for Youth Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include Hopewell Youth Association Inc ($525k), Cochise Christian School Tuition Organization Inc ($526k) and Colorado International Soccer Academy ($525k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $652k against liabilities of $0, net assets of $652k.