Notes for Education Inc

Analysis

Notes for Education Inc is a registered charity in United States, based in Napa, CA. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Notes for Education Inc reported income of $572k and spending of $214k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $392k to $572k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2021, when income rose by 343%. Over the whole period it spent 53% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Notes for Education Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Garment League Inc ($572k), The American Friends of the Moderna Museet Inc ($572k) and Ruralorganizing-Dot-Org Education Fund ($572k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. Compensation of current officers, directors and key employees was $15k (7.0% of expenses). At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.