Imago Dei Neighborhood School

Analysis

Imago Dei Neighborhood School is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in August 2019, 7 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, Imago Dei Neighborhood School reported income of $851k and spending of $714k, spending 84% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $235k to $851k (+261%), an average of +90% a year. The sharpest change came in the year to June 2022, when income rose by 163%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Imago Dei Neighborhood School sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include Naramake Childrens Scholarship Foundation Inc ($851k), Coastline Community College Foundation ($851k) and Hillwood Playcare Inc ($851k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $50k (7.0% of expenses). Other salaries and wages came to $383k. At year end it held assets of $567k against liabilities of $41k, net assets of $527k. It reported 32 employees.