Ecyc Inc

Analysis

Ecyc Inc is a registered charity in United States, based in Rahway, NJ. It received its IRS tax-exemption ruling in February 2016, 10 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 2022, Ecyc Inc reported income of $2.9m and spending of $2.7m, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $2.5m to $2.9m (+14%), an average of +4.5% a year. The sharpest change came in the year to December 2021, when income rose by 159%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ecyc Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Trinity Montessori School Inc ($2.9m), Life Time Foundation ($2.9m) and Central Carolina Health Network ($2.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 3.0% and program service revenue 96% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $2.2m against liabilities of $45k, net assets of $2.2m. It reported 149 employees.