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Educational Bureau

RegisteredEIN 01-0227440Ocean Park, MEEducation and training
Income$254k2023-12
Spending$174ksame year
Spent / received28%3-year average
Size in its cause58th pctEducation and training
Exempt since2010Publicly supported organisat
Employees1latest return

Analysis

Educational Bureau is a registered charity in United States, based in Ocean Park, ME. It received its IRS tax-exemption ruling in July 2010, 16 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 December 2023, Educational Bureau reported income of $254k and spending of $174k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.1m to $254k (-77%), an average of -52% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Bureau sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 52nd percentile within ME. Charities of a similar size with the same main cause include Heritage Instructional Services Inc ($254k), Dr Lanse T Fox Memorial Organization ($254k) and Alta Vista Home & School Club ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% of the total. Other salaries and wages came to $30k. At year end it held assets of $1.4m against liabilities of $174k, net assets of $1.3m. It reported 1 employees.

Income and spending

$0$270k$540k$811k$1.1m2021 Income: $1,080,9822021 Spending: $108,25020212022 Income: $367,8862022 Spending: $186,34820222023 Income: $253,5792023 Spending: $173,7272023
IncomeSpending

Where the income comes from

  • Contributions & grants 5.0%
  • Other 95%

Similar-sized charities, same cause

CharityLocationIncome
Heritage Instructional Services IncCatonsville$254k
Dr Lanse T Fox Memorial OrganizationLaredo$254k
Alta Vista Home & School ClubLos Gatos$253k
Friends of the Topeka and Shawnee County Public Library IncTopeka$254k