Community Education Project Inc

Analysis

Community Education Project Inc is a registered charity in United States, based in Holyoke, MA. It received its IRS tax-exemption ruling in July 1999, 27 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, Community Education Project Inc reported income of $367k and spending of $405k, spending 110% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $341k to $367k (+7.6%), an average of +2.5% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Education Project Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Gahanna-Jefferson Education Foundation ($367k), Pleasant View Missionalry Baptist C ($367k) and Bluebonnet Home Scholars Collaborative ($367k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $76k (19% of expenses). Other salaries and wages came to $221k. At year end it held assets of $47k against liabilities of $20k, net assets of $27k. It reported 12 employees.