Extraordinary Education Familylearning Center

Analysis

Extraordinary Education Familylearning Center is a registered charity in United States, based in Magnolia, TX. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Extraordinary Education Familylearning Center reported income of $462k and spending of $438k, spending 95% of its income. Across the 5 years on record, from July 2019 to July 2023, income fell from $620k to $462k (-25%), an average of -7.1% a year. The sharpest change came in the year to July 2020, when income dropped by 28%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Extraordinary Education Familylearning Center sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Literacy Volunteers of Charlottesville-Albemarle ($462k), Roslyn Marching Band Fans Inc ($462k) and Roennes School Inc ($462k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $47k (11% of expenses). At year end it held assets of $727k against liabilities of $584k, net assets of $143k. It reported 3 employees.