Center for Wellness and Achievement in Education

Analysis

Center for Wellness and Achievement in Education is a registered charity in United States, based in Saratoga, CA. It received its IRS tax-exemption ruling in February 2008, 18 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 June 2023, Center for Wellness and Achievement in Education reported income of $693k and spending of $673k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.2m to $693k (-41%), an average of -12% a year. The sharpest change came in the year to June 2020, when income dropped by 54%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Wellness and Achievement in Education sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Montessori Institute ($693k), Hype Freedom School Inc ($693k) and Peer Support Coalition of Florida Inc ($693k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $27k (4.0% of expenses). Other salaries and wages came to $49k. At year end it held assets of $773k against liabilities of $638k, net assets of $135k. It reported 7 employees.