Middleburg Early Education Center

Analysis

Middleburg Early Education Center is a registered charity in United States, based in Middlebrg HTS, OH. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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 August 2023, Middleburg Early Education Center reported income of $532k and spending of $514k, spending 97% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $300k to $532k (+77%), an average of +15% a year. The sharpest change came in the year to August 2022, when income rose by 86%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Middleburg Early Education Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Memphis Community Housing Inc ($532k), Habitat for Humanity International Inc ($532k) and Flagler Open Arms Recovery Services Inc ($532k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 22% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $72k (14% of expenses). Other salaries and wages came to $308k. At year end it held assets of $471k against liabilities of $6,267, net assets of $465k. It reported 19 employees.