Educational Partnership for Instructing Children Inc
Analysis
Educational Partnership for Instructing Children Inc is a registered charity in United States, based in Paramus, NJ. It received its IRS tax-exemption ruling in May 1997, 29 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 June 2023, Educational Partnership for Instructing Children Inc reported income of $3.9m and spending of $4.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $3.9m (+13%), an average of +3.1% a year. Over the whole period it spent 101% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Partnership for Instructing Children Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Surge Institute ($3.9m), Alabama Alliance for Christian Education Inc ($3.9m) and West Dallas Community School ($3.9m).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $203k (5.1% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $4.8m against liabilities of $1.0m, net assets of $3.8m. It reported 61 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Surge Institute | Chicago | $3.9m |
| Alabama Alliance for Christian Education Inc | Decatur | $3.9m |
| West Dallas Community School | Dallas | $3.9m |
| New Mexico School for the Arts Art Institute | Santa Fe | $3.9m |