Public Charity

INSTITUTE FOR QUALITY EDUCATION INC

INSTITUTE FOR QUALITY EDUCATION INC is a Public Charity headquartered in INDIANAPOLIS, IN. Financial data from the 2025 filing: $14.6M revenue, $15.6M expenses, $18.1M total assets. 70 publicly reported grants to this organization, totaling roughly $20.4M, appear in IRS filings.

EIN: 351836687 INDIANAPOLIS, IN Latest filing: 2025
Total Revenue$14.6M
Total Expenses$15.6M
Total Assets$18.1M
Grant Records70
Funding Total$20.4M
Filing Years2021–2025

Mission

THE ORGANIZATION PROVIDES TUITION ASSISTANCE TO LOW-INCOME STUDENTS, SERVES AS A MODEL FOR RESEARCH AND LEGISLATION, AND ENCOURAGES ALL SCHOOLS TO IMPROVE BY INTRODUCING COMPETITION INTO THE SYSTEM. THE ORGANIZATION CONDUCTS RESEARCH AND ANALYSIS ABOUT THE PRIMARY (K-12) EDUCATIONAL SYSTEM IN INDIANA INCLUDING BUT NOT LIMITED TO SCHOOL CHOICE AS IT EXISTS IN MANY FORMS THROUGHOUT THE UNITED STATES AND ELSEWHERE; AND EDUCATES THE GENERAL PUBLIC AND, IN PARTICULAR, INDIANA RESIDENTS ABOUT THE PRIMARY (K-12) EDUCATIONAL SYSTEM IN INDIANA AND THEIR EDUCATIONAL OPTIONS.

Sample Grants Received

2024
COMMUNITY DEVELOPMENT
$2,558,391
2024
PARTNER INVESTMENT
$307,500
2024
EDUCATIONAL CHOICE SUPPORT IN IN
$225,000
2024
General operating support with the intention of continuing to improve the quality of education for all Indiana students by: engaging and informing parents, educators, and policy makers; analyzing data; and promoting and implementing policies that work.
$150,000

Showing up to 5 of 70 total records — full history available with membership.

Officers & Directors

CHAIRMAN Al Hubbard
PRESIDENT Betsy Wiley
BOARD MEMBER Dan Elsener
BOARD MEMBER Heather Willey Harris
BOARD MEMBER Jeff Knight
BOARD MEMBER Neil Pickett

Officer compensation and complete director data available with membership.

Top Grant Purposes

GROWTH
$12,273,543 7 grants
COMMUNITY DEVELOPMENT
$2,558,391 1 grant
IMPLEMENTATION SUPPORT IN IN
$985,000 3 grants
SEE PART IV
$800,000 5 grants
EDUCATIONAL CHOICE EFFORTS IN IN
$625,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $14.6M $15.6M $18.1M
2024 $16.4M $12.3M $19.2M
2023 $14.5M $13.4M $14.9M
2022 $14.9M $13.5M $13.6M
2021 $12.0M $10.6M $12.1M

Between 2021 and 2025, reported annual revenue grew from $12.0M to $14.6M (+22%), with total assets most recently reported at $18.1M.

Interactive year-over-year charts and full filing details available with membership.

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