Center of Excellence for Educator Preparation and Innovation Inc

Analysis

Center of Excellence for Educator Preparation and Innovation Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in June 2022, 4 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, Center of Excellence for Educator Preparation and Innovation Inc reported income of $5.0m and spending of $4.7m, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $2.1m to $5.0m (+134%), an average of +134% a year. The sharpest change came in the year to December 2023, when income rose by 134%. 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, Center of Excellence for Educator Preparation and Innovation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within SC. Charities of a similar size with the same main cause include Gloucester Lyceum and Sawyer Free Library ($5.0m), Newmark High School Inc ($5.0m) and Francophone Charter School of Oakland ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $329k. At year end it held assets of $1.5m against liabilities of $712k, net assets of $778k. It reported 11 employees.