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Institute for Educational Therapy

RegisteredEIN 94-2944848Sebastopol, CAOther charitable purposes
Income$214k2023-12
Spending$213ksame year
Spent / received105%5-year average
Size in its cause54th pctOther charitable purposes
Exempt since1984School
Employees2latest return

Analysis

Institute for Educational Therapy is a registered charity in United States, based in Sebastopol, CA. It received its IRS tax-exemption ruling in October 1984, 42 years ago. 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, Institute for Educational Therapy reported income of $214k and spending of $213k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $214k (-89%), an average of -42% a year. The sharpest change came in the year to December 2022, when income dropped by 105%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Institute for Educational Therapy 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 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Insurance Legislators Foundation Inc ($214k), Parent Booster USA Inc ($214k) and Strasburg - Heisler Library ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $800 (0.4% of expenses). Other salaries and wages came to $28k. At year end it held assets of $408k against liabilities of $308k, net assets of $100k. It reported 2 employees.

Income and spending

$0$494k$989k$1.5m$2.0m2019 Income: $1,868,7652019 Spending: $1,977,87320192020 Income: $895,9902020 Spending: $873,19220202021 Income: $809,9452021 Spending: $500,17820212022 Income: -$36,9592022 Spending: $373,77920222023 Income: $213,8152023 Spending: $213,0922023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Program services 1.0%

Similar-sized charities, same cause

CharityLocationIncome
Insurance Legislators Foundation IncBelmar$214k
Parent Booster USA IncLacey$214k
Strasburg - Heisler LibraryStrasburg$214k
Mobile Community Homes IncMobile$214k