Discovery Education Services Inc

Analysis

Discovery Education Services Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in March 2008, 18 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, Discovery Education Services Inc reported income of $35.7m and spending of $33.4m, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $25.6m to $35.7m (+39%), an average of +12% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Discovery Education Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Christ Church Episcopal School ($35.7m), Carroll School Corp ($35.7m) and Valor Christian Schools ($35.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $153.3m against liabilities of $139.2m, net assets of $14.1m. It reported 459 employees.