Institute for Education in Retirement Inc

Analysis

Institute for Education in Retirement Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2019, 7 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 June 2024, Institute for Education in Retirement Inc reported income of $128k and spending of $74k, leaving 42% of income unspent that year. Across the 4 years on record, from November 2020 to June 2024, income grew from $73k to $128k (+75%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 103%. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Education in Retirement Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Tumalo PTC ($128k), Parent Booster USA Inc ($128k) and Home School Connection ($128k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.