The Center for Inquiry Based Learning Inc

Analysis

The Center for Inquiry Based Learning Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in May 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2024, The Center for Inquiry Based Learning Inc reported income of $880k and spending of $854k, spending 97% of its income. Across the 6 years on record, from August 2019 to June 2024, income grew from $782k to $880k (+13%), an average of +2.4% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, The Center for Inquiry Based Learning Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include Ignite the Spirit ($879k), Central Georgia Soccer Association Inc ($880k) and American Geerz for Life Inc ($879k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.4% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $135k (16% of expenses). Other salaries and wages came to $348k. At year end it held assets of $3.5m against liabilities of $103k, net assets of $3.4m. It reported 24 employees.