Ellis Early Learning Inc

Analysis

Ellis Early Learning Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 1947, 79 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, Ellis Early Learning Inc reported income of $9.8m and spending of $8.1m, spending 83% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $4.4m to $9.8m (+121%), an average of +30% a year. The sharpest change came in the year to June 2023, when income rose by 102%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ellis Early Learning Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Providence Country Day School ($9.8m), Puc National ($9.8m) and American Case Management Association ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $585k (7.2% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $18.3m against liabilities of $6.4m, net assets of $12.0m. It reported 139 employees.