Escondido Education Compact

Analysis

Escondido Education Compact is a registered charity in United States, based in Escondido, CA. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Escondido Education Compact reported income of $2.4m and spending of $2.0m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $2.4m (+126%), an average of +22% a year. The sharpest change came in the year to June 2020, when income rose by 88%. Over the whole period it spent 89% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Escondido Education Compact sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Ai4all ($2.4m), Junior Achievement of Eastern Iowa ($2.4m) and Make the World Better Foundation Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $88k (4.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $912k against liabilities of $62k, net assets of $850k. It reported 36 employees.