Image Bearers Arts Academy

Analysis

Image Bearers Arts Academy is a registered charity in United States, based in Chino, CA. It received its IRS tax-exemption ruling in May 2020, 6 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 2024, Image Bearers Arts Academy reported income of $106k and spending of $115k, spending 109% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $112k to $106k (-5.0%), an average of -2.6% a year. The sharpest change came in the year to June 2024, when income dropped by 21%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Image Bearers Arts Academy sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Glen Cove Sage Foundation ($106k), American College of Sports Medicine Foundation Incorporated ($106k) and True Light Shines Ministries Inc ($106k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 23% and program service revenue 77% of the total. At year end it held assets of $4,720 against liabilities of $0, net assets of $4,720.