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Texas Destination Imagination

RegisteredEIN 75-2354871Greenville, TXEducation and training
Income$477k2024-08
Spending$381ksame year
Spent / received88%5-year average
Size in its cause67th pctEducation and training
Exempt since2001Publicly supported organisat
Employees1latest return

Analysis

Texas Destination Imagination is a registered charity in United States, based in Greenville, TX. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2024, Texas Destination Imagination reported income of $477k and spending of $381k, leaving 20% of income unspent that year. Across the 5 years on record, from August 2020 to August 2024, income grew from $100k to $477k (+375%), an average of +48% a year. The sharpest change came in the year to August 2021, when income rose by 140%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Texas Destination Imagination sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Collbran Job Corps Civilian Conservation Center Corpmembers ($477k), Parent Booster USA Inc ($477k) and Heritage Academy Inc ($477k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 67% of the total. Compensation of current officers, directors and key employees was $72k (19% of expenses). At year end it held assets of $494k against liabilities of $1,710, net assets of $492k. It reported 1 employees.

Income and spending

$0$119k$238k$358k$477k2020 Income: $100,4232020 Spending: $226,33520202021 Income: $241,3662021 Spending: $145,19920212022 Income: $304,2132022 Spending: $244,19320222023 Income: $389,7812023 Spending: $338,49320232024 Income: $476,8272024 Spending: $381,1612024
IncomeSpending

Where the income comes from

  • Program services 67%
  • Other 33%

Similar-sized charities, same cause

CharityLocationIncome
Collbran Job Corps Civilian Conservation Center CorpmembersCollbran$477k
Parent Booster USA IncKaty$477k
Heritage Academy IncChatham$477k
Michigan Community College Association FoundationLansing$477k