International Education Programs Incorporated

Analysis

International Education Programs Incorporated is a registered charity in United States, based in Marlborough, MA. It received its IRS tax-exemption ruling in July 1978, 48 years ago. 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, International Education Programs Incorporated reported income of $622k and spending of $598k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.2m to $622k (-48%), an average of -20% a year. The sharpest change came in the year to June 2023, when income dropped by 41%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Education Programs Incorporated sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Going Global Inc ($622k), Mar Vista School Enrichment Group ($622k) and Southern Indiana United Inc ($622k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $57k (9.5% of expenses). Other salaries and wages came to $67k. At year end it held assets of $1.8m against liabilities of $879, net assets of $1.8m. It reported 3 employees.