Educational Credential Evaluators Inc

Analysis

Educational Credential Evaluators Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in May 1981, 45 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 December 2023, Educational Credential Evaluators Inc reported income of $10.1m and spending of $9.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.2m to $10.1m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Credential Evaluators Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within WI. Charities of a similar size with the same main cause include Rgec Inc ($10.1m), Healthy Start Education Inc ($10.2m) and Eden Christian Academy ($10.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $191k (1.9% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $5.2m against liabilities of $1.7m, net assets of $3.6m. It reported 123 employees.