Iiaa Education Foundation

Analysis

Iiaa Education Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in July 1975, 51 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Iiaa Education Foundation reported income of $300k and spending of $190k, leaving 37% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income fell from $2.8m to $300k (-89%), an average of -52% a year. The sharpest change came in the year to August 2023, when income rose by 552%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Iiaa Education Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Oak Grove Lutheran High School Foundation ($300k), Edvisions Schools Inc ($300k) and Learning Well ($300k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $960k against liabilities of $6,756, net assets of $954k.