Educational Resources for Children Inc

Analysis

Educational Resources for Children Inc is a registered charity in United States, based in Enfield, CT. It received its IRS tax-exemption ruling in August 2002, 24 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 June 2023, Educational Resources for Children Inc reported income of $1.3m and spending of $1.2m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.3m (+23%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Resources for Children Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within CT. Charities of a similar size with the same main cause include Hanger Hall School Inc ($1.3m), Henry County Private School Foundation Inc ($1.3m) and Bridge Education ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 37% of the total. Other salaries and wages came to $839k. At year end it held assets of $713k against liabilities of $359k, net assets of $355k. It reported 65 employees.