1065 Institute Inc

Analysis

1065 Institute Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in November 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, 1065 Institute Inc reported income of $1.5m and spending of $887k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.5m (+6.4%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 475%. Over the whole period it spent 26% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 1065 Institute Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include American Group Psychotherapy Assn Inc ($1.5m), Aerospace Center for Excellence Inc ($1.5m) and T2 Honors Academy ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 1.2% of the total. Other salaries and wages came to $460k. It paid $10k in professional fundraising fees. At year end it held assets of $11.0m against liabilities of $0, net assets of $11.0m. It reported 2 employees.