Imagination Library of Johnson County Inc

Analysis

Imagination Library of Johnson County Inc is a registered charity in United States, based in Franklin, IN. 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 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 December 2023, Imagination Library of Johnson County Inc reported income of $103k and spending of $80k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $134k to $103k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Imagination Library of Johnson County Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within IN. Charities of a similar size with the same main cause include Roosevelt Wilson Washington Irving Kelly Miller RCBHS Alumni & Friend ($103k), Greater New Orleans Science Fair Inc Region IX of Louisiana ($103k) and Summit Football Alumni Association Inc ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.