Image Initiative Inc

Analysis

Image Initiative Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in June 2006, 20 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 (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, Image Initiative Inc reported income of $64k and spending of $80k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $64k (-28%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 90% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Image Initiative Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Future Farmers of America State Associations & Local Chapter ($64k), Oregon 4-H Foundation ($64k) and James River Outdoor Coalition ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $68k against liabilities of $4,312, net assets of $64k.