Educating Children of Color

Analysis

Educating Children of Color is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in September 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, Educating Children of Color reported income of $467k and spending of $461k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $467k (+423%), an average of +51% a year. The sharpest change came in the year to December 2021, when income rose by 533%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educating Children of Color sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CO. Charities of a similar size with the same main cause include Carnegie Project on the Education Doctorate ($467k), University Montessori School Inc ($467k) and Flying Panthers Foundation ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $78k (17% of expenses). It paid $4,975 in professional fundraising fees. At year end it held assets of $440k against liabilities of $161k, net assets of $280k. It reported 5 employees.