Imagine - South Broward Inc

Analysis

Imagine - South Broward Inc is a registered charity in United States, based in Sunrise, FL. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Imagine - South Broward Inc reported income of $5.2m and spending of $5.1m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $3.0m to $5.2m (+73%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Imagine - South Broward Inc 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 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include The New Common School Foundation ($5.2m), Black Hills Educational Institute Inc ($5.2m) and Taller San Jose Hope Builders ($5.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 4.5% of the total. At year end it held assets of $1.8m against liabilities of $895k, net assets of $937k.