Imagine Hill Avenue

Analysis

Imagine Hill Avenue is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in July 2014, 12 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, Imagine Hill Avenue reported income of $1.7m and spending of $1.5m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.7m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Imagine Hill Avenue sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Abeona House ($1.7m), Field School of Charlottesville ($1.7m) and National Center for Higher Education Management Systems ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.5m against liabilities of $2.5m, net assets of -$992k.