Brain Expansions Scholastic Training Inc

Analysis

Brain Expansions Scholastic Training Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in June 2006, 20 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, Brain Expansions Scholastic Training Inc reported income of $366k and spending of $440k, spending 120% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $196k to $366k (+86%), an average of +37% a year. The sharpest change came in the year to December 2022, when income rose by 104%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brain Expansions Scholastic Training Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Cascadia PTA ($366k), Robert E and Elizabeth L Kahn Family Foundation ($366k) and The Giles County Public Library ($366k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $72k (16% of expenses). At year end it held assets of $96k against liabilities of $0, net assets of $96k. It reported 3 employees.