Imagine Schools Riverside County

Analysis

Imagine Schools Riverside County is a registered charity in United States, based in Coachella, CA. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Imagine Schools Riverside County reported income of $28.9m and spending of $23.1m, leaving 20% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $8.2m to $28.9m (+255%), an average of +52% a year. The sharpest change came in the year to June 2023, when income rose by 111%. 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, Imagine Schools Riverside County sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include The University Corporation San Francisco State ($28.9m), Emmanuel University Inc ($28.9m) and Catalyst Schools ($28.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $320k (1.4% of expenses). Other salaries and wages came to $7.9m. At year end it held assets of $33.4m against liabilities of $26.6m, net assets of $6.8m. It reported 125 employees.