Helix Network of Educational Choices

Analysis

Helix Network of Educational Choices is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in August 2010, 16 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, Helix Network of Educational Choices reported income of $8.4m and spending of $7.4m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $8.4m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2023, when income rose by 44%. 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, Helix Network of Educational Choices 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 LA. Charities of a similar size with the same main cause include Leading Edge Alliance Inc ($8.4m), Woodrow Wilson Academy Elementary School ($8.4m) and SSS Education Foundation ($8.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 2.4% of the total. Other salaries and wages came to $2.9m. At year end it held assets of $16.6m against liabilities of $15.5m, net assets of $1.1m. It reported 45 employees.