Educators for Quality Alternatives

Analysis

Educators for Quality Alternatives is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 2011, 15 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, Educators for Quality Alternatives reported income of $13.2m and spending of $11.0m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.1m to $13.2m (+159%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educators for Quality Alternatives sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within LA. Charities of a similar size with the same main cause include Hope Community Academy ($13.2m), East-West University Inc ($13.2m) and Childrens Center for Developmental Enrichment ($13.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $161k (1.5% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $4.7m against liabilities of $1.4m, net assets of $3.4m. It reported 165 employees.