Reimagine Network

Analysis

Reimagine Network is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in July 1951, 75 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Reimagine Network reported income of $17.8m and spending of $7.9m, leaving 55% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.3m to $17.8m (+92%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reimagine Network sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Christ Health Center Inc ($17.8m), Solheim Lutheran Home ($17.8m) and Caring Cross Inc ($17.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $447k (5.6% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $18.4m against liabilities of $542k, net assets of $17.9m. It reported 147 employees.