I P M Institute of North America Inc

Analysis

I P M Institute of North America Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in March 2001, 25 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 December 2023, I P M Institute of North America Inc reported income of $1.3m and spending of $1.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, I P M Institute of North America Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within WI. Charities of a similar size with the same main cause include Kootenai Valley Head Start Inc ($1.3m), Casner Christian Academy Inc ($1.3m) and The Virginia Association of Independent Schools ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $267k (21% of expenses). Other salaries and wages came to $635k. At year end it held assets of $474k against liabilities of $120k, net assets of $354k. It reported 18 employees.