Little Imaginations Inc

Analysis

Little Imaginations Inc is a registered charity in United States, based in Hoover, AL. It received its IRS tax-exemption ruling in June 2019, 7 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 December 2023, Little Imaginations Inc reported income of $175k and spending of $238k, spending 136% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $175k (+8.4%), an average of +8.4% a year. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Little Imaginations Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within AL. Charities of a similar size with the same main cause include Children of the Hills ($175k), Gailen & Cathy Reevers Center for Community Empowerment Inc ($175k) and Alpha Light Fund Incorporated ($175k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.