Imago Dei Classical Academy Inc

Analysis

Imago Dei Classical Academy Inc is a registered charity in United States, based in Mills River, NC. It received its IRS tax-exemption ruling in August 2017, 9 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 2023, Imago Dei Classical Academy Inc reported income of $446k and spending of $452k, spending 101% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $256k to $446k (+74%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Imago Dei Classical Academy Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Read Muskegon ($446k), Phi Beta Psi Sorority ($446k) and Idaho Governors Cup Scholarshipfund Inc ($446k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.5% and program service revenue 94% of the total. Other salaries and wages came to $358k. At year end it held assets of $107k against liabilities of $4,606, net assets of $102k. It reported 26 employees.