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Excelencia in Education Inc

RegisteredEIN 20-0927912Washington, DCEducation and training
Income$4.7m2023-12
Spending$5.2msame year
Spent / received50%5-year average
Size in its cause89th pctEducation and training
Exempt since2004Publicly supported organisat
Employees39latest return

Analysis

Excelencia in Education Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 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 December 2023, Excelencia in Education Inc reported income of $4.7m and spending of $5.2m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $4.7m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 330%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Excelencia in Education Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 79th percentile within DC. Charities of a similar size with the same main cause include Torch of Freedom Foundation ($4.7m), Cesar Estrada Chavez Dual Language Immersion Charter School ($4.7m) and East Academy Inc ($4.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $916k (18% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $26.8m against liabilities of $1.3m, net assets of $25.5m. It reported 39 employees.

Income and spending

$0$3.3m$6.6m$9.9m$13.1m2019 Income: $3,760,9002019 Spending: $3,212,87120192020 Income: $2,867,9612020 Spending: $3,042,90520202021 Income: $12,336,6452021 Spending: $3,160,50920212022 Income: $13,144,5522022 Spending: $3,926,98420222023 Income: $4,669,9792023 Spending: $5,214,7452023
IncomeSpending

Where the income comes from

  • Contributions & grants 72%
  • Program services 23%
  • Other 5.7%

Similar-sized charities, same cause

CharityLocationIncome
Torch of Freedom FoundationDripping SPGS$4.7m
Cesar Estrada Chavez Dual Language Immersion Charter SchoolSanta Barbara$4.7m
East Academy IncCleveland$4.7m
Buttonwood Farms IncPhiladelphia$4.7m