Policy Innovators in Education Network Inc

Analysis

Policy Innovators in Education Network Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in July 2011, 15 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 December 2023, Policy Innovators in Education Network Inc reported income of $350k and spending of $3.4m, spending 974% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $350k (-80%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 91%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Policy Innovators in Education Network Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include Vermont Rural Education Collaborative Inc ($350k), Utah Science Teachers Association 2009 ($350k) and Blessed Sacrament School Endowment Fund Inc ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 5.7% of the total. At year end it held assets of $1.4m against liabilities of $109k, net assets of $1.3m. It reported 10 employees.