Imago Dei Academy

Analysis

Imago Dei Academy is a registered charity in United States, based in Highland VLG, TX. It received its IRS tax-exemption ruling in May 2022, 4 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 2024, Imago Dei Academy reported income of $221k and spending of $187k, spending 84% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $136k to $221k (+62%), an average of +62% a year. The sharpest change came in the year to June 2024, when income rose by 62%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Imago Dei Academy sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Foundation for the Central Dauphin Schools ($221k), Chinese Cultural School Inc ($221k) and Thinking Project Institute ($221k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $27k (14% of expenses). Other salaries and wages came to $80k. At year end it held assets of $56k against liabilities of $14k, net assets of $42k.