Ed Brokers Educational Services

Analysis

Ed Brokers Educational Services is a registered charity in United States, based in Hesperia, CA. It received its IRS tax-exemption ruling in September 2009, 17 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, Ed Brokers Educational Services reported income of $8.3m and spending of $7.4m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $8.3m (+65%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ed Brokers Educational Services sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Skillup Coalition ($8.3m), Highville Charter School Inc ($8.3m) and Community Partnership of Alabama Inc ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $181k (2.4% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $25.3m against liabilities of $12.5m, net assets of $12.8m. It reported 67 employees.