Tailored for Education Inc

Analysis

Tailored for Education Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Tailored for Education Inc reported income of $1.0m and spending of $1.1m, spending 109% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $500k to $1.0m (+107%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Tailored for Education Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Talent Beyond Boundaries Inc ($1.0m), Haven of Hope International Inc ($1.0m) and Alphamundi Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $45k (4.0% of expenses). At year end it held assets of $1.1m against liabilities of $4,438, net assets of $1.1m.