Eje Academies

Analysis

Eje Academies is a registered charity in United States, based in El Cajon, CA. It received its IRS tax-exemption ruling in February 2007, 19 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 June 2023, Eje Academies reported income of $14.8m and spending of $13.5m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.7m to $14.8m (+53%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eje Academies sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Beekman Alumni and Friends Inc ($14.8m), Lake Technical College Inc ($14.8m) and The Valley Foundation ($14.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $292k (2.2% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $42.7m against liabilities of $36.2m, net assets of $6.5m. It reported 148 employees.