Independent Educational Consultants Association Foundation Inc

Analysis

Independent Educational Consultants Association Foundation Inc is a registered charity in United States, based in MC Lean, VA. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Independent Educational Consultants Association Foundation Inc reported income of $113k and spending of $92k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $133k to $113k (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2022, when income rose by 91%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Independent Educational Consultants Association Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within VA. Charities of a similar size with the same main cause include Seattle Tamizh Academy ($113k), Interfaze Educational Productions Inc ($113k) and North Beach Artists Guild ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. At year end it held assets of $310k against liabilities of $0, net assets of $310k.