Northside Education Inc

Analysis

Northside Education Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in November 2013, 13 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, Northside Education Inc reported income of $14.0m and spending of $13.4m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.8m to $14.0m (+60%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northside Education Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Sarasota Military Academy Inc ($14.0m), Rochester School of the Holy Childhood Inc ($14.0m) and Kiskiminetas Springs School ($14.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $177k (1.3% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $24.7m against liabilities of $18.9m, net assets of $5.8m. It reported 135 employees.