Operation Xcel Promoting Excellent Communities Education & Leadership

Analysis

Operation Xcel Promoting Excellent Communities Education & Leadership is a registered charity in United States, based in Stokesdale, NC. It received its IRS tax-exemption ruling in September 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 August 2023, Operation Xcel Promoting Excellent Communities Education & Leadership reported income of $1.4m and spending of $1.1m, leaving 22% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $789k to $1.4m (+77%), an average of +15% a year. The sharpest change came in the year to August 2021, when income rose by 45%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Operation Xcel Promoting Excellent Communities Education & Leadership sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Neighborhood Schools Inc ($1.4m), All Hands Raised ($1.4m) and Friends of Saint Paul College ($1.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $92k (8.5% of expenses). Other salaries and wages came to $505k. At year end it held assets of $741k against liabilities of $29k, net assets of $713k. It reported 87 employees.