International Haven of Practical Education Inc

Analysis

International Haven of Practical Education Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in August 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 December 2023, International Haven of Practical Education Inc reported income of $103k and spending of $156k, spending 152% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $129k to $103k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Haven of Practical Education Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Pine Springs Preparatory Academy PTO ($103k), Diablo Basics Program Parents Club at Monte Gardens ($103k) and Andrew McMorris Foundation Inc ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $47k against liabilities of $29k, net assets of $18k.