Foundation for Underway Experiential Learning Inc

Analysis

Foundation for Underway Experiential Learning Inc is a registered charity in United States, based in Vineyard HVN, MA. It received its IRS tax-exemption ruling in April 2017, 9 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, Foundation for Underway Experiential Learning Inc reported income of $1.6m and spending of $734k, leaving 54% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $752k to $1.6m (+114%), an average of +46% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Underway Experiential Learning 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 83rd percentile within MA. Charities of a similar size with the same main cause include Moonshot Edventures ($1.6m), Catskill Montessori School ($1.6m) and Upstate Homeschool Co-Op Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $156k (21% of expenses). Other salaries and wages came to $173k. At year end it held assets of $4.3m against liabilities of $30k, net assets of $4.2m. It reported 16 employees.