Equinox Center for Education

Analysis

Equinox Center for Education is a registered charity in United States, based in Arcata, CA. It received its IRS tax-exemption ruling in June 1971, 55 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 2024, Equinox Center for Education reported income of $112k and spending of $73k, leaving 35% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $133k to $112k (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2021, when income dropped by 45%. 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, Equinox Center for Education sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Gordon Lee Band Boosters Association ($112k), Delta Learning Center ($112k) and Newark Housing Authority Scholarship Foundation ($112k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% and program service revenue 27% of the total. Other salaries and wages came to $14k. At year end it held assets of $387k against liabilities of $465, net assets of $387k. It reported 2 employees.