Foundation for Innovative and Restorative Education Inc
Analysis
Foundation for Innovative and Restorative Education Inc is a registered charity in United States, based in Cedar Park, TX. 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Foundation for Innovative and Restorative Education Inc reported income of $193k and spending of $187k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $193k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Innovative and Restorative Education Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Parent Booster USA Inc ($193k), Roland@park Foundation Inc ($193k) and Chief and Calla Bell Scholarship Foundation ($193k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 7.8% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.
Income and spending
Where the income comes from
- Contributions & grants 18%
- Program services 7.8%
- Other 75%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Parent Booster USA Inc | Fern BCH | $193k |
| Roland@park Foundation Inc | Tampa | $193k |
| Chief and Calla Bell Scholarship Foundation | Flat Rock | $193k |
| TCK International Academy | Springfield | $193k |