Irish American Endowment for Education Inc

Analysis

Irish American Endowment for Education Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Irish American Endowment for Education Inc reported income of $443k and spending of $567k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $443k (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Irish American Endowment for Education Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Next Step ($443k), Books in Homes USA Inc ($443k) and Texas Assessment Association Inc ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $171k against liabilities of $0, net assets of $171k.