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Local Initiatives for Education International

RegisteredEIN 20-0844235Coldwater, MIEducation and training
Income$1.2m2023-12
Spending$1.2msame year
Spent / received99%5-year average
Size in its cause77th pctEducation and training
Exempt since2004Publicly supported organisat
Employees0latest return

Analysis

Local Initiatives for Education International is a registered charity in United States, based in Coldwater, MI. It received its IRS tax-exemption ruling in December 2004, 22 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, Local Initiatives for Education International reported income of $1.2m and spending of $1.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $905k to $1.2m (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Local Initiatives for Education International sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Village School Foundation ($1.2m), Wholeschool Mindfulness Inc ($1.2m) and Nevada State University Foundation ($1.2m).

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 $430k against liabilities of $371k, net assets of $59k.

Income and spending

$0$314k$628k$942k$1.3m2019 Income: $905,1292019 Spending: $932,37320192020 Income: $544,8512020 Spending: $440,73720202021 Income: $833,9672021 Spending: $857,51120212022 Income: $1,256,4332022 Spending: $1,252,57920222023 Income: $1,154,7682023 Spending: $1,160,8732023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Village School FoundationEugene$1.2m
Wholeschool Mindfulness IncWrentham$1.2m
Nevada State University FoundationHenderson$1.2m
Shepherds IncBridgeport$1.2m