Ieducate USA

Analysis

Ieducate USA is a registered charity in United States, based in Bellaire, TX. It received its IRS tax-exemption ruling in October 2014, 12 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 2022, Ieducate USA reported income of $4.7m and spending of $3.9m, spending 83% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $852k to $4.7m (+454%), an average of +77% a year. The sharpest change came in the year to December 2022, when income rose by 314%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ieducate USA sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Onondaga Community College Housing Development Corp ($4.7m), Leadership Academy of Utah ($4.7m) and College Houses ($4.7m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $1.2m against liabilities of $49k, net assets of $1.2m. It reported 769 employees.