In Education Inc

Analysis

In Education Inc is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in November 2016, 10 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, In Education Inc reported income of $140k and spending of $142k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $180k to $140k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, In Education Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Rough Hollow Elementary School Parent Teacher Organization ($140k), Hoover Foundation Inc ($140k) and Sedona-Oak Creek Unified School District Educational Foundation in ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.9% of the total. At year end it held assets of $31k against liabilities of $512, net assets of $30k.