East Bay Educational Collaborative

Analysis

East Bay Educational Collaborative is a registered charity in United States, based in Portsmouth, RI. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, East Bay Educational Collaborative reported income of $4.5m and spending of $5.0m, spending 112% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $4.6m to $4.5m (-2.4%), an average of -0.5% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Bay Educational Collaborative sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within RI. Charities of a similar size with the same main cause include Academy Charter School 2 ($4.5m), Lead Academy Classical School ($4.5m) and Foundation for Sfjazz ($4.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $277k (5.5% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.5m against liabilities of $885k, net assets of $2.6m. It reported 30 employees.