Education Resource Center

Analysis

Education Resource Center is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in May 2010, 16 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 December 2023, Education Resource Center reported income of $1.0m and spending of $973k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $603k to $1.0m (+74%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Resource Center sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within NV. Charities of a similar size with the same main cause include Providence Christian School Inc ($1.0m), Chrysalis Experiential Academy Inc ($1.0m) and Denton Public School Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $85k (8.7% of expenses). At year end it held assets of $496k against liabilities of $133k, net assets of $363k. It reported 39 employees.