Marshallese Educational Initiative Inc

Analysis

Marshallese Educational Initiative Inc is a registered charity in United States, based in Springdale, AR. It received its IRS tax-exemption ruling in May 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 December 2023, Marshallese Educational Initiative Inc reported income of $752k and spending of $619k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $279k to $752k (+169%), an average of +28% a year. The sharpest change came in the year to December 2020, when income rose by 166%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marshallese Educational Initiative Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within AR. Charities of a similar size with the same main cause include American Foundation for Yeshivath Rashbi ($752k), Moed Incorporated ($752k) and Spring Forward Learning Center ($752k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. Other salaries and wages came to $245k. At year end it held assets of $260k against liabilities of $24k, net assets of $236k. It reported 6 employees.