Edu-Tech Enterprises Inc

Analysis

Edu-Tech Enterprises Inc is a registered charity in United States, based in Snellville, GA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2023, Edu-Tech Enterprises Inc reported income of $186k and spending of $191k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $338k to $186k (-45%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 46%. Over the whole period it spent 106% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Edu-Tech Enterprises Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within GA. Charities of a similar size with the same main cause include Venezuelans and Immigrants Aid Inc ($186k), Greater Wealth Works ($186k) and Great Leap Forward ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $148k (77% of expenses). At year end it held assets of $40k against liabilities of $0, net assets of $40k.