Institute for Transformative Education
Analysis
Institute for Transformative Education is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Institute for Transformative Education reported income of $942k and spending of $982k, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.1m to $942k (-16%), an average of -5.6% a year. Over the whole period it spent 102% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Transformative Education sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 76th percentile within AZ. Charities of a similar size with the same main cause include Andrew Jackson Academy ($941k), United Hands Inc ($942k) and Utah Sheet Metal Education and Training Trust ($941k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $56k (5.7% of expenses). Other salaries and wages came to $430k. At year end it held assets of $1.5m against liabilities of $1.4m, net assets of $128k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 5.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Andrew Jackson Academy | Ehrhardt | $941k |
| United Hands Inc | Ocala | $942k |
| Utah Sheet Metal Education and Training Trust | Salt Lake Cty | $941k |
| Montessori Accreditation Council for Teacher Education Inc | Charlottesvle | $942k |