Internet Education Foundation

Analysis

Internet Education Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Internet Education Foundation reported income of $791k and spending of $1.0m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $685k to $791k (+15%), an average of +3.7% a year. The sharpest change came in the year to December 2020, when income rose by 300%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Internet Education Foundation 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 76th percentile, and in the 51st percentile within DC. Charities of a similar size with the same main cause include Valley School of Ligonier Endowment Fund ($790k), Central Kentucky Riding for Hope Inc ($791k) and Entrepreneurs Organization ($790k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $176k (17% of expenses). Other salaries and wages came to $197k. It paid $31k in professional fundraising fees. At year end it held assets of $2.3m against liabilities of $124k, net assets of $2.2m. It reported 5 employees.