Eduguide

Analysis

Eduguide is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in May 1991, 35 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 December 2023, Eduguide reported income of $414k and spending of $450k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $591k to $414k (-30%), an average of -8.5% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eduguide sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MI. Charities of a similar size with the same main cause include International Society of Learning Sciences Inc ($414k), St Charles Christian Home Educators ($415k) and Southwest Montessori Academy ($414k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $118k (26% of expenses). Other salaries and wages came to $137k. At year end it held assets of $668k against liabilities of $575k, net assets of $93k. It reported 6 employees.