Center for Spiritual and Ethical Education Inc

Analysis

Center for Spiritual and Ethical Education Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 1957, 69 years ago. 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 2023, Center for Spiritual and Ethical Education Inc reported income of $798k and spending of $718k, spending 90% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $467k to $798k (+71%), an average of +11% a year. The sharpest change came in the year to June 2019, when income rose by 26%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Center for Spiritual and Ethical Education Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 51st percentile within DC. Charities of a similar size with the same main cause include Ohio Association for Justice Education Foundation ($798k), National Church Residences of ($798k) and Bur Oak Land Trust ($798k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $253k (35% of expenses). Other salaries and wages came to $88k. At year end it held assets of $1.7m against liabilities of $203k, net assets of $1.5m. It reported 4 employees.