Imagination Library of Daviess County Inc

Analysis

Imagination Library of Daviess County Inc is a registered charity in United States, based in Owensboro, KY. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Daviess County Inc reported income of $149k and spending of $96k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $149k (+114%), an average of +114% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Imagination Library of Daviess County Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within KY. Charities of a similar size with the same main cause include Vietnamese American Heart Charity ($149k), Trustar Youth Foundation ($149k) and Raquels Wings for Life ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% of the total. At year end it held assets of $478k against liabilities of $0, net assets of $478k.