Indigenous Education Inc

Analysis

Indigenous Education Inc is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in December 2016, 10 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 December 2023, Indigenous Education Inc reported income of $7.8m and spending of $7.9m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.3m to $7.8m (+7.9%), an average of +1.9% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indigenous Education Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within NM. Charities of a similar size with the same main cause include Bay Area Technology School ($7.8m), Southwest Covenant Schools Incorporated ($7.8m) and Complete College America Inc ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $140k (1.8% of expenses). Other salaries and wages came to $558k. At year end it held assets of $3.7m against liabilities of $3.2m, net assets of $547k. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.