Idea School

Analysis

Idea School is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Idea School reported income of $818k and spending of $813k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $683k to $818k (+20%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 61%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Idea School sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 74th percentile within AZ. Charities of a similar size with the same main cause include Sagebrush Elementary School ($817k), Ironworkers Apprentice & Membership Retraining & Educational Trust ($818k) and International Trumpet Guild ($817k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Other salaries and wages came to $426k. At year end it held assets of $131k against liabilities of $13k, net assets of $118k. It reported 16 employees.