Working in Support of Education

Analysis

Working in Support of Education is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1999, 27 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 July 2023, Working in Support of Education reported income of $2.8m and spending of $2.6m, spending 94% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $1.9m to $2.8m (+48%), an average of +14% a year. The sharpest change came in the year to July 2022, when income rose by 21%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Working in Support of Education sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Grand Lake Montessori ($2.8m), Pathway Corporation ($2.8m) and Edgarton Academy Inc ($2.8m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 43% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $411k (16% of expenses). Other salaries and wages came to $989k. At year end it held assets of $3.1m against liabilities of $860k, net assets of $2.2m. It reported 17 employees.