Encore Education Corporation

Analysis

Encore Education Corporation is a registered charity in United States, based in Hesperia, CA. It received its IRS tax-exemption ruling in April 2011, 15 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, Encore Education Corporation reported income of $12.3m and spending of $10.2m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $21.4m to $12.3m (-43%), an average of -13% a year. The sharpest change came in the year to June 2021, when income dropped by 33%. 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, Encore Education Corporation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Manlius Pebble Hill School ($12.2m), Mose and Garrison Siskin Memorial Foundation Inc ($12.3m) and Academic Leadership Charter School ($12.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $187k (1.8% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $21.8m against liabilities of $17.2m, net assets of $4.5m. It reported 107 employees.