Innovation School

Analysis

Innovation School is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Innovation School reported income of $469k and spending of $334k, leaving 29% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $222k to $469k (+111%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 73%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Innovation School sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within ND. Charities of a similar size with the same main cause include Corry Higher Education Council ($469k), Foundation for Pottstown Education ($469k) and Kitsap Regional Library Foundation ($469k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 44% of the total. Other salaries and wages came to $175k. At year end it held assets of $165k against liabilities of $27k, net assets of $138k. It reported 20 employees.