National Institute for Excellence in Teaching

Analysis

National Institute for Excellence in Teaching is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in March 2005, 21 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 June 2023, National Institute for Excellence in Teaching reported income of $32.6m and spending of $26.5m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.2m to $32.6m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, National Institute for Excellence in Teaching sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within AZ. Charities of a similar size with the same main cause include Augustine Institute Inc ($32.5m), E Center ($32.6m) and Classical Charter Schools of Americ a Inc ($32.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $1.6m (5.9% of expenses). Other salaries and wages came to $9.6m. At year end it held assets of $43.1m against liabilities of $2.6m, net assets of $40.5m. It reported 119 employees.