I2 Learning Foundation Inc

Analysis

I2 Learning Foundation Inc is a registered charity in United States, based in Brewster, NY. It received its IRS tax-exemption ruling in April 2018, 8 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, I2 Learning Foundation Inc reported income of $619k and spending of $520k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $619k (-76%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 83%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, I2 Learning Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Academy of Goal Achievers Inc ($619k), Oasis Middle School Inc ($619k) and Womens Council on African American Affairs ($618k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $153k (29% of expenses). At year end it held assets of $1.8m against liabilities of $23k, net assets of $1.8m. It reported 1 employees.