The Institute for Excellence in Education

Analysis

The Institute for Excellence in Education is a registered charity in United States, based in Mt Pleasant, MI. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, The Institute for Excellence in Education reported income of $7.8m and spending of $7.8m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.5m to $7.8m (+4.4%), an average of +1.1% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Institute for Excellence in Education sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include Branched ($7.8m), Oak Creek Charter School of Bonita Springs Inc ($7.8m) and Ball Charter Schools ($7.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 25% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $1.4m (18% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $6.2m against liabilities of $1.3m, net assets of $4.9m. It reported 65 employees.