Celebrate Edu

Analysis

Celebrate Edu is a registered charity in United States, based in Lafayette, CO. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Celebrate Edu reported income of $217k and spending of $251k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $290k to $217k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 109% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Celebrate Edu sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Dress for Success Reno- Northern Nevada ($217k), Fundacion Sos Mujer Extraordinaria Corp ($217k) and Rhode Island Organizing Project ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $170k (68% of expenses). At year end it held assets of $166k against liabilities of $3,405, net assets of $163k.