Institute for Regional Education

Analysis

Institute for Regional Education is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in September 1977, 49 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 April 2024, Institute for Regional Education reported income of $75k and spending of $66k, spending 87% of its income. Across the 2 years on record, from April 2023 to April 2024, income fell from $89k to $75k (-15%), an average of -15% a year. The sharpest change came in the year to April 2024, when income dropped by 15%. Over the whole period it spent 122% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Institute for Regional Education sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 25th percentile within NM. Charities of a similar size with the same main cause include Fort Preservation Society ($75k), Birmingham Girls Choir ($75k) and Ralston Cider Mill a NJ Nonprofit Corporation ($75k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 27% and program service revenue 73% of the total. At year end it held assets of $377k against liabilities of $0, net assets of $377k.