Investment & Research in Education Inc

Analysis

Investment & Research in Education Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Investment & Research in Education Inc reported income of $18.7m and spending of $2.5m, leaving 86% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $18.7m (+344%), an average of +45% a year. The sharpest change came in the year to December 2021, when income rose by 206%. Over the whole period it spent 36% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Investment & Research in Education Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Stewardship Endowment Fund ($18.6m), Glide Foundation ($18.8m) and Christianity Today International ($18.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $52.0m against liabilities of $19.7m, net assets of $32.4m.