Imagination Learning Center

Analysis

Imagination Learning Center is a registered charity in United States, based in Chantilly, VA. It received its IRS tax-exemption ruling in June 1990, 36 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Imagination Learning Center reported income of $4.0m and spending of $3.2m, leaving 20% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.3m to $4.0m (+76%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Imagination Learning Center sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Rock Spring Childrens Center Inc ($4.0m), Rahima International Foundation ($4.0m) and Evergreen Supported Living ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 97% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $6.3m against liabilities of $3.4m, net assets of $2.8m. It reported 72 employees.