Impact for Developmental Education Inc

Analysis

Impact for Developmental Education Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in January 1980, 46 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Impact for Developmental Education Inc reported income of $892k and spending of $853k, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $812k to $892k (+9.9%), an average of +3.2% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Impact for Developmental Education Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Seeds for Autism ($892k), June F Shelton Legacy Foundation ($893k) and Alyn Scholarship Fund Inc ($892k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $57k (6.7% of expenses). Other salaries and wages came to $461k. At year end it held assets of $1.1m against liabilities of $578k, net assets of $505k. It reported 18 employees.