Educators for Excellence

Analysis

Educators for Excellence is a registered charity in United States, based in New York, NY. 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 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 June 2023, Educators for Excellence reported income of $6.7m and spending of $12.4m, spending 184% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $17.8m to $6.7m (-62%), an average of -22% a year. The sharpest change came in the year to June 2023, when income dropped by 61%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educators for Excellence sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Classical Academies Cfa Inc ($6.7m), Urban Act Academy ($6.7m) and Central Wisconsin Christian Schools ($6.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $837k (6.8% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $10.0m against liabilities of $1.9m, net assets of $8.0m. It reported 113 employees.