Improving Schools Inc

Analysis

Improving Schools Inc is a registered charity in United States, based in Newark, DE. It received its IRS tax-exemption ruling in July 2020, 6 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, Improving Schools Inc reported income of $377k and spending of $358k, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $334k to $377k (+13%), an average of +6.3% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Improving Schools Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 60th percentile within DE. Charities of a similar size with the same main cause include Alpha Epsilon Phi Foundation Incorporated ($377k), Keller Athletic Boosters ($377k) and Oregon Schools Foundation ($377k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $158k (44% of expenses). Other salaries and wages came to $44k. At year end it held assets of $58k against liabilities of $37k, net assets of $21k. It reported 2 employees.