Central and Eastern European Schools Association Inc

Analysis

Central and Eastern European Schools Association Inc is a registered charity in United States, based in Edgewater PRK, NJ. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Central and Eastern European Schools Association Inc reported income of $1.2m and spending of $809k, leaving 32% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $954k to $1.2m (+25%), an average of +25% a year. The sharpest change came in the year to July 2023, when income rose by 25%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central and Eastern European Schools Association Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Latino Corporate Directors Education Foundation ($1.2m), Argosy Collegiate Charter School Foundation ($1.2m) and Coalition for College ($1.2m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $202k (25% of expenses). Other salaries and wages came to $100k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.