Powered by Education

Analysis

Powered by Education is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 2021, 5 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, Powered by Education reported income of $119k and spending of $132k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $75k to $119k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Powered by Education sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within TN. Charities of a similar size with the same main cause include Partners in Emergency Preparedness ($119k), Educational Foundation of Mission Cisd ($119k) and Hyde Park School PTO Inc ($119k).

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 $379 against liabilities of $0, net assets of $379.