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Partners for Educational Leadership Inc

RegisteredEIN 06-1525201West Hartford, CTEducation and training
Income$2.7m2023-06
Spending$2.4msame year
Spent / received94%5-year average
Size in its cause85th pctEducation and training
Exempt since2014Publicly supported organisat
Employees11latest return

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

$0$682k$1.4m$2.0m$2.7m2019 Income: $1,551,2592019 Spending: $1,702,14020192020 Income: $1,719,1942020 Spending: $1,592,16320202021 Income: $1,653,2462021 Spending: $1,525,84120212022 Income: $2,519,9722022 Spending: $2,295,58220222023 Income: $2,727,9312023 Spending: $2,405,3542023
IncomeSpending

Where the income comes from

  • Contributions & grants 9.4%
  • Program services 90%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Metropolitan Council for Educational Opportunity Metco IncRoxbury$2.7m
International PreschoolsNew York$2.7m
Smithsonian Early Enrichment Center IncWashington$2.7m
Building Brave IncWauwatosa$2.7m