International Educational Foundation of America Inc

Analysis

International Educational Foundation of America Inc is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in June 1996, 30 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 September 2023, International Educational Foundation of America Inc reported income of $1.0m and spending of $576k, leaving 45% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $232k to $1.0m (+349%), an average of +46% a year. The sharpest change came in the year to September 2023, when income rose by 2537%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Educational Foundation of America Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include GMDP Academy Inc ($1.0m), Friends of Libertas Academy Charter School Inc ($1.0m) and Bergen Community College Foundation ($1.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 8.6% of the total. Compensation of current officers, directors and key employees was $256k (44% of expenses). Other salaries and wages came to $76k. At year end it held assets of $5.0m against liabilities of $29k, net assets of $4.9m. It reported 4 employees.