Guilford Education Alliance Inc

Analysis

Guilford Education Alliance Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in July 2004, 22 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, Guilford Education Alliance Inc reported income of $992k and spending of $1.0m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $594k to $992k (+67%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 141%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Guilford Education Alliance 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 79th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Little Peaks Inc ($992k), Quad-City Electrical Joint Apprenticeship & Training Program ($993k) and Associates for Biblical Research ($992k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $139k (13% of expenses). Other salaries and wages came to $313k. At year end it held assets of $527k against liabilities of $0, net assets of $527k. It reported 23 employees.