Van Andel Education Institute

Analysis

Van Andel Education Institute is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in July 1997, 29 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 November 2023, Van Andel Education Institute reported income of $4.9m and spending of $5.2m, spending 108% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income fell from $6.0m to $4.9m (-18%), an average of -4.9% a year. The sharpest change came in the year to November 2020, when income dropped by 30%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Van Andel Education Institute 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 92nd percentile within MI. Charities of a similar size with the same main cause include Shepherds Theological Seminary Inc ($4.9m), Willow Hill School Inc ($4.9m) and Legal Prep Charter Academies ($4.9m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $107k (2.0% of expenses). Other salaries and wages came to $277k. It paid $4,751 in professional fundraising fees. At year end it held assets of $6.3m against liabilities of $281k, net assets of $6.1m. It reported 12 employees.