Idaho Business for Education Inc

Analysis

Idaho Business for Education Inc is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in June 2007, 19 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 (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, Idaho Business for Education Inc reported income of $1.7m and spending of $1.3m, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $529k to $1.7m (+218%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 104%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Idaho Business for Education Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within ID. Charities of a similar size with the same main cause include Texprotects-The Texas Association for the Protection of Children ($1.7m), Victory for Youth Inc ($1.7m) and Think Equal USA Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $138k (10% of expenses). Other salaries and wages came to $803k. At year end it held assets of $719k against liabilities of $28k, net assets of $691k. It reported 17 employees.