Institute for Girls Education

Analysis

Institute for Girls Education is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 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 June 2023, Institute for Girls Education reported income of $4.1m and spending of $3.2m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $101k to $4.1m (+3921%), an average of +152% a year. The sharpest change came in the year to June 2020, when income rose by 1035%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Girls Education sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Omega Alpha Academy ($4.1m), Putnam-Indian Field School Inc ($4.1m) and Augusta Heritage Academy Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $169k (5.2% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $12.1m against liabilities of $7.8m, net assets of $4.2m. It reported 34 employees.