Entertainers for Education Alliance Inc

Analysis

Entertainers for Education Alliance Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in February 2007, 19 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, Entertainers for Education Alliance Inc reported income of $1.4m and spending of $1.1m, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $425k to $1.4m (+236%), an average of +236% a year. The sharpest change came in the year to December 2023, when income rose by 236%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Entertainers for Education Alliance Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include Brillante Academy ($1.4m), California Teacher Development Collaborative ($1.4m) and Alumni Association of the University of Oregon ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $95k (8.7% of expenses). Other salaries and wages came to $344k. At year end it held assets of $367k against liabilities of $552k, net assets of -$185k. It reported 68 employees.