Institute for Experiential Learning Inc
Analysis
Institute for Experiential Learning Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Institute for Experiential Learning Inc reported income of $358k and spending of $452k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $903k to $358k (-60%), an average of -21% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 110% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Experiential Learning Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 38th percentile within DC. Charities of a similar size with the same main cause include Reach Out and Read Minnesota ($358k), PTA Colorado Congress ($358k) and Logan City School District Foundation ($358k).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $28k (6.1% of expenses). Other salaries and wages came to $82k. At year end it held assets of $415k against liabilities of $129k, net assets of $286k.
Income and spending
Where the income comes from
- Program services 93%
- Other 6.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Reach Out and Read Minnesota | Bloomington | $358k |
| PTA Colorado Congress | Denver | $358k |
| Logan City School District Foundation | Logan | $358k |
| Imaginarium Incorporated | Emporia | $358k |