Equal Opportunity Schools

Analysis

Equal Opportunity Schools is a registered charity in United States, based in Edmonds, WA. It received its IRS tax-exemption ruling in July 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 July 2024, Equal Opportunity Schools reported income of $11.8m and spending of $19.5m, spending 165% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income fell from $14.0m to $11.8m (-16%), an average of -4.2% a year. The sharpest change came in the year to July 2022, when income rose by 81%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Equal Opportunity Schools sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within WA. Charities of a similar size with the same main cause include Cresthaven Academy Charter School ($11.8m), Bard College Berlin a Liberal Arts University GGMBH ($11.8m) and Kings Daughters School of Maury County Tennessee ($11.8m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 33% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $913k (4.7% of expenses). Other salaries and wages came to $8.8m. At year end it held assets of $16.7m against liabilities of $8.5m, net assets of $8.2m. It reported 111 employees.