Educational Properties Inc

Analysis

Educational Properties Inc is a registered charity in United States, based in Brooklyn Park, MN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Educational Properties Inc reported income of $1.6m and spending of $1.3m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $1.6m (+1.7%), an average of +0.4% a year. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Properties Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Mayland Community College Foundation ($1.6m), Learning to Serve ($1.6m) and Kirkwood Christian Schools ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $20.1m against liabilities of $20.4m, net assets of -$286k.