Educationsuperhighway

Analysis

Educationsuperhighway is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in April 2013, 13 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, Educationsuperhighway reported income of $4.1m and spending of $9.0m, spending 218% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.5m to $4.1m (-51%), an average of -16% a year. The sharpest change came in the year to December 2021, when income rose by 445%. 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, Educationsuperhighway sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Council on Occupational Education Inc ($4.1m), New Dimensions High School Inc ($4.1m) and Horry-Georgetown Technical College Foundation Incorporated ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $296k (3.3% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $8.4m against liabilities of $119k, net assets of $8.3m. It reported 60 employees.