I a a Education Program Inc

Analysis

I a a Education Program Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 1981, 45 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, I a a Education Program Inc reported income of $83k and spending of $7,525, leaving 91% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $99k to $83k (-16%), an average of -4.4% a year. The sharpest change came in the year to June 2020, when income dropped by 16%. Over the whole period it spent 17% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, I a a Education Program Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Help of Summerville ($83k), Prospect Foundation Inc ($83k) and Volunteer and Exempt Firemens Benevolent Association of ($83k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $834k against liabilities of $2,130, net assets of $832k.