Ideals Foundation Inc

Analysis

Ideals Foundation Inc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in January 1992, 34 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 December 2023, Ideals Foundation Inc reported income of $169k and spending of $173k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $147k to $169k (+15%), an average of +15% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ideals Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 53rd percentile within GA. Charities of a similar size with the same main cause include Govern for Impact ($169k), Family Values Resource Institute Inc ($169k) and Valley Ridge Academy PTO Inc ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $127k against liabilities of $2,493, net assets of $124k.