Center for Excellence in Highereducation Inc

Analysis

Center for Excellence in Highereducation Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in September 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 December 2023, Center for Excellence in Highereducation Inc reported income of $6.0m and spending of $84.4m, spending 1405% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $259.1m to $6.0m (-98%), an average of -61% a year. The sharpest change came in the year to December 2022, when income dropped by 91%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Excellence in Highereducation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within UT. Charities of a similar size with the same main cause include Village Charter Academy ($6.0m), Marine Corps-Law Enforcement Foundation Inc ($6.0m) and Every Student Counts ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 0.4% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $68.0m against liabilities of $22.0m, net assets of $45.9m. It reported 24 employees.