Laurens Institute for Education

Analysis

Laurens Institute for Education is a registered charity in United States, based in Gilbert, AZ. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Laurens Institute for Education reported income of $14.7m and spending of $14.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.0m to $14.7m (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Laurens Institute for Education sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within AZ. Charities of a similar size with the same main cause include Monmouth Cares Inc ($14.7m), Wesley Gardens Corporation ($14.7m) and Everymind Inc ($14.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $673k (4.7% of expenses). Other salaries and wages came to $9.3m. At year end it held assets of $9.4m against liabilities of $2.8m, net assets of $6.6m. It reported 338 employees.