Every Child Has Opportunities Charter School

Analysis

Every Child Has Opportunities Charter School is a registered charity in United States, based in Echo, MN. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Every Child Has Opportunities Charter School reported income of $1.2m and spending of $1.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.2m (-26%), an average of -7.4% a year. The sharpest change came in the year to June 2021, when income dropped by 36%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Every Child Has Opportunities Charter School sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Upper Darby Arts and Education Foundation Inc ($1.2m), Corolla Education Foundation ($1.2m) and Arkansas Rural Endowment Fund Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $76k (6.6% of expenses). Other salaries and wages came to $726k. At year end it held assets of $1.3m against liabilities of $1.3m, net assets of -$18k. It reported 40 employees.