Education (B120) Nonprofits

NTEE Code B120 — Browse education (b120) nonprofits with AI-powered transparency reports, revenue analysis, and executive compensation data from IRS 990 filings.

Category Overview

41Organizations
$580.8MTotal Revenue
$0Total Assets
$14.2MAvg Revenue
15States

Top Education (B120) Organizations by Revenue

# Organization State Revenue
1 Nellie Mae Education Foundation Inc MA $246.7M
2 Tahoe Community Foundation NV $50.4M
3 Voluntary Interdistrict Choice Corporation MO $31.1M
4 Mr & Mrs E H Sumners Foundation MS $30.4M
5 Ernst & Young Foundation NY $25.0M
6 Institute For Supply Management Inc AZ $17.9M
7 Campus Development Foundation Inc TN $16.6M
8 Davis Educational Foundation ME $14.6M
9 H Malcolm Macdonald Charitable Tr NJ $12.3M
10 Ieee Foundation Inc NJ $11.3M
11 St Georges Independent Schools Foundation TN $11.1M
12 Los Alamos National Laboratory Foundation NM $10.9M
13 Sandia Foundation NM $10.9M
14 Ralph W & Grace M Showalter Research Trust Fund IL $10.2M
15 Five Colleges Incorporated MA $9.9M
16 Alliance For Education WA $8.9M
17 Questa Education Foundation Inc IN $7.8M
18 Via Bradely College Of Engineering Foundation SD $6.7M
19 Hillsborough Schools Foundation CA $6.6M
20 Ohio Foundation Of Independent Colleges Inc OH $6.1M

Geographic Distribution

State Organizations Combined Revenue Share
Washington 3 $10.2M 1.8%
Massachusetts 3 $262.3M 45.2%
Iowa 3 $5.5M 0.9%
New Jersey 3 $24.9M 4.3%
New Mexico 2 $21.9M 3.8%
Tennessee 2 $27.7M 4.8%
Kentucky 2 $3.8M 0.7%
Georgia 2 $6.3M 1.1%
Wisconsin 2 $1.8M 0.3%
Michigan 2 $1.9M 0.3%
California 1 $6.6M 1.1%
Nevada 1 $50.4M 8.7%
Colorado 1 $1.3M 0.2%
Arkansas 1 $1.2M 0.2%
Mississippi 1 $30.4M 5.2%

All Education (B120) Organizations (41)

Frequently Asked Questions

What is NTEE code B120?

NTEE code B120 classifies nonprofits in the education category. The National Taxonomy of Exempt Entities (NTEE) is a classification system used by the IRS and researchers to categorize tax-exempt organizations by their primary purpose and activities. This falls under the broader Education sector.

How many education (b120) nonprofits are there?

There are 41 education (b120) nonprofits tracked on NonprofitSpending, with a combined revenue of $580.8M and total assets of $0. Organizations are spread across 15+ states, with Washington having the most (3).

Which is the largest education (b120) nonprofit?

Nellie Mae Education Foundation Inc is the largest education (b120) nonprofit by revenue, with $246.7M in annual revenue. It is based in Massachusetts.

What is the average revenue for education (b120) nonprofits?

The average revenue among 41 tracked education (b120) nonprofits is $14.2M. Revenue data comes from IRS 990 electronic filings.

Where does the data for education (b120) nonprofits come from?

All nonprofit data is sourced from IRS 990 electronic filings via the ProPublica Nonprofit Explorer API. Organizations are required to file annual returns (Form 990) with the IRS, which are public records. NonprofitSpending enriches this data with AI-generated transparency analysis.

How are NTEE categories assigned?

NTEE (National Taxonomy of Exempt Entities) codes are assigned by the IRS based on an organization's primary tax-exempt purpose. The system uses letter codes for broad categories (A = Arts, B = Education, etc.) and numeric subcodes for specific activities. Organizations may request reclassification if their primary purpose changes.

About NTEE Code B120: Education

The National Taxonomy of Exempt Entities (NTEE) is a classification system developed by the National Center for Charitable Statistics. It categorizes tax-exempt organizations recognized by the IRS into groups based on their primary exempt purpose.

NTEE code B120 covers organizations focused on education. This category falls within the broader Education sector, which includes schools, universities, libraries, and educational organizations.

Data for these organizations comes from IRS Form 990, which tax-exempt organizations must file annually. Form 990 includes information about revenue, expenses, assets, executive compensation, program activities, and governance.

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