Dxtera Institute Inc

Analysis

Dxtera Institute Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dxtera Institute Inc reported income of $1.1m and spending of $1.2m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $511k to $1.1m (+123%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 202%. Over the whole period it spent 157% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dxtera Institute Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include St Vincent St Mary High School Foundation ($1.1m), Universal Education Foundation ($1.1m) and Classical Academy de Lafayette ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $509k (42% of expenses). Other salaries and wages came to $292k. At year end it held assets of $219k against liabilities of $583k, net assets of -$364k. It reported 4 employees.