Institute for Digital Enterprise Advancement

Analysis

Institute for Digital Enterprise Advancement is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in September 2021, 5 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, Institute for Digital Enterprise Advancement reported income of $1.2m and spending of $1.4m, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $107k to $1.2m (+1040%), an average of +238% a year. The sharpest change came in the year to December 2022, when income rose by 949%. 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, Institute for Digital Enterprise Advancement sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within AL. Charities of a similar size with the same main cause include Mentors of Minorities in Education Inc ($1.2m), Upper Valley Montessori Society Inc ($1.2m) and The Buena Vista Childrens Center Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% and program service revenue 95% of the total. At year end it held assets of $115k against liabilities of $15k, net assets of $100k.