Education Alternatives

Analysis

Education Alternatives is a registered charity in United States, based in Brookpark, OH. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Education Alternatives reported income of $18.2m and spending of $16.4m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.8m to $18.2m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Alternatives 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 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Brown Dermatology Inc ($18.2m), St Johns Community Services - District of Columbia ($18.2m) and St Pauls Episcopal School ($18.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 95% of the total. Other salaries and wages came to $6.5m. At year end it held assets of $17.6m against liabilities of $5.6m, net assets of $12.0m. It reported 272 employees.