Ivey Business School Foundation

Analysis

Ivey Business School Foundation is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Ivey Business School Foundation reported income of $26.4m and spending of $25.3m, spending 96% of its income. Across the 4 years on record, from April 2020 to April 2023, income grew from $13.9m to $26.4m (+90%), an average of +24% a year. The sharpest change came in the year to April 2022, when income rose by 58%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ivey Business School Foundation sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include The Freedom Academy Foundation ($26.4m), North Carolina Learns Inc ($26.4m) and Greater Schools ($26.4m).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $9.3m. At year end it held assets of $21.9m against liabilities of $8.3m, net assets of $13.7m.