Partners for Educational Leadership Inc
Analysis
Partners for Educational Leadership Inc is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in September 2014, 12 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, Partners for Educational Leadership Inc reported income of $2.7m and spending of $2.4m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.7m (+76%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Partners for Educational Leadership Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within CT. Charities of a similar size with the same main cause include Metropolitan Council for Educational Opportunity Metco Inc ($2.7m), International Preschools ($2.7m) and Smithsonian Early Enrichment Center Inc ($2.7m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.4% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $242k (10% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $2.2m against liabilities of $447k, net assets of $1.8m. It reported 11 employees.
Income and spending
Where the income comes from
- Contributions & grants 9.4%
- Program services 90%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Metropolitan Council for Educational Opportunity Metco Inc | Roxbury | $2.7m |
| International Preschools | New York | $2.7m |
| Smithsonian Early Enrichment Center Inc | Washington | $2.7m |
| Building Brave Inc | Wauwatosa | $2.7m |