Eskolta School Research and Design Inc

Analysis

Eskolta School Research and Design Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2014, 12 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 July 2023, Eskolta School Research and Design Inc reported income of $2.6m and spending of $3.6m, spending 138% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $2.4m to $2.6m (+9.1%), an average of +2.2% a year. The sharpest change came in the year to July 2020, when income rose by 100%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Eskolta School Research and Design Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include Red Wine & Blue Education Fund ($2.6m), Social Enterprise and Training Center ($2.6m) and Craig School ($2.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $186k (5.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $1.9m against liabilities of $212k, net assets of $1.7m. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.