Center for Continuing Education Inc

Analysis

Center for Continuing Education Inc is a registered charity in United States, based in Mamaroneck, NY. It received its IRS tax-exemption ruling in December 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Center for Continuing Education Inc reported income of $408k and spending of $404k, spending 99% of its income. Across the 6 years on record, from May 2019 to May 2024, income fell from $509k to $408k (-20%), an average of -4.3% a year. The sharpest change came in the year to May 2021, when income dropped by 30%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Continuing Education Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Jump in Foundation Inc ($408k), Turbo Charitable Foundation ($408k) and Community Colleges of the Appalachian Region ($408k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 5.1% and program service revenue 77% of the total. Other salaries and wages came to $166k. At year end it held assets of $420k against liabilities of $18k, net assets of $401k. It reported 12 employees.