John N Gardner Institute Forexcellence in Undergraduate Educati

Analysis

John N Gardner Institute Forexcellence in Undergraduate Educati is a registered charity in United States, based in Brevard, NC. It received its IRS tax-exemption ruling in June 2007, 19 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 September 2023, John N Gardner Institute Forexcellence in Undergraduate Educati reported income of $9.5m and spending of $5.2m, leaving 45% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.8m to $9.5m (+240%), an average of +36% a year. The sharpest change came in the year to September 2023, when income rose by 343%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, John N Gardner Institute Forexcellence in Undergraduate Educati sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Great Oaks Charter School ($9.5m), Bear Creek Community Charter School ($9.5m) and Children at Play Early Intervention Center ($9.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $957k (18% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $11.4m against liabilities of $3.0m, net assets of $8.4m. It reported 19 employees.