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Education Design Lab

RegisteredEIN 46-4248042Washington, DCEducation and training
Income$15.8m2023-12
Spending$11.3msame year
Spent / received72%5-year average
Size in its cause95th pctEducation and training
Exempt since2015Publicly supported organisat
Employees59latest return

Analysis

Education Design Lab is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2015, 11 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, Education Design Lab reported income of $15.8m and spending of $11.3m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $15.8m (+605%), an average of +63% a year. The sharpest change came in the year to December 2020, when income rose by 124%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Design Lab sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 91st percentile within DC. Charities of a similar size with the same main cause include San Francisco Study Center Inc ($15.8m), Golden Door Charter School a New Jersey Nonprofit Corporation ($15.8m) and The J127 Education Foundation ($15.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $718k (6.3% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $12.9m against liabilities of $186k, net assets of $12.8m. It reported 59 employees.

Income and spending

$0$4.0m$7.9m$11.9m$15.8m2019 Income: $2,248,6552019 Spending: $2,211,41020192020 Income: $5,042,3042020 Spending: $2,949,89620202021 Income: $7,567,4022021 Spending: $5,562,08920212022 Income: $10,446,4922022 Spending: $7,777,83920222023 Income: $15,842,2132023 Spending: $11,333,3202023
IncomeSpending

Where the income comes from

  • Contributions & grants 95%
  • Program services 3.1%
  • Other 1.8%

Similar-sized charities, same cause

CharityLocationIncome
San Francisco Study Center IncSan Francisco$15.8m
Golden Door Charter School a New Jersey Nonprofit CorporationJersey City$15.8m
The J127 Education FoundationFairfax$15.8m
Andrews Osborne AcademyWilloughby$15.8m