El Sol Neighborhood Educational Center

Analysis

El Sol Neighborhood Educational Center is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in November 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, El Sol Neighborhood Educational Center reported income of $14.9m and spending of $9.9m, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $14.9m (+914%), an average of +78% a year. The sharpest change came in the year to December 2020, when income rose by 113%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, El Sol Neighborhood Educational Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Crowleys Ridge Development Council Inc ($14.8m), Child Lane ($14.9m) and The Alliance Home of Carlisle Pa ($14.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $149k (1.5% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $20.1m against liabilities of $6.6m, net assets of $13.5m. It reported 178 employees.