101 Inc

Analysis

101 Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in February 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, 101 Inc reported income of $323k and spending of $170k, leaving 47% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $199k to $323k (+62%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 101 Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Professional Athletic Trainers Society Foundation Inc ($323k), Comfort Public Library Inc ($323k) and The James Ferrell Foundation ($323k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $1.9m against liabilities of $2,000, net assets of $1.9m.