Imabrightkid Foundation

Analysis

Imabrightkid Foundation is a registered charity in United States, based in Kaneohe, HI. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Imabrightkid Foundation reported income of $142k and spending of $127k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $221k to $142k (-35%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 69%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Imabrightkid Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within HI. Charities of a similar size with the same main cause include Society of Mayflower Descendants in the State of Texas Inc ($142k), John E Lawrence Commuity Entertainment ($142k) and Traditional Irish Music Education Society ($142k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.