Immschools

Analysis

Immschools is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 2018, 8 years ago. 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 May 2023, Immschools reported income of $1.9m and spending of $1.9m, spending 104% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $569k to $1.9m (+227%), an average of +48% a year. The sharpest change came in the year to May 2022, when income rose by 164%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Immschools sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Girls Inc of Greater Philadelphia & Southern New Jersey ($1.9m), Center for Community Transitions ($1.9m) and United States of America Snowboard and Freeski Association ($1.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $414k (21% of expenses). Other salaries and wages came to $637k. At year end it held assets of $1.9m against liabilities of $86k, net assets of $1.8m. It reported 20 employees.