Estrella Educational Foundation

Analysis

Estrella Educational Foundation is a registered charity in United States, based in Phoenix, AZ. 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Estrella Educational Foundation reported income of $4.8m and spending of $4.4m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $4.8m (+196%), an average of +31% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Estrella Educational Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within AZ. Charities of a similar size with the same main cause include Eastern New Mexico University Foundation ($4.8m), Gem Prep Meridian North LLC ($4.8m) and Brooke School Foundation ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $2.1m against liabilities of $619k, net assets of $1.5m. It reported 48 employees.