Foundation for Scalable Innovations in Education

Analysis

Foundation for Scalable Innovations in Education is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Foundation for Scalable Innovations in Education reported income of $86k and spending of $98k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $86k (-6.4%), an average of -6.4% a year. Over the whole period it spent 105% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Foundation for Scalable Innovations in Education sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within CO. Charities of a similar size with the same main cause include San Antonio Police Youth Education ($86k), Wartburg Boys and Girls Club Inc ($87k) and Kids Involved in Disability Sports Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.4% of the total. At year end it held assets of $8,917 against liabilities of $0, net assets of $8,917.