Espiritu Schools

Analysis

Espiritu Schools is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 2015, 11 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, Espiritu Schools reported income of $2.2m and spending of $1.8m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $2.2m (+100%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 29%. 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, Espiritu Schools sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within AZ. Charities of a similar size with the same main cause include Links Mat-Su Parent Resource Center Inc ($2.2m), Ezra Academy of Greater New Haven Incorporated ($2.2m) and Pearls for Teen Girls Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $1,940 (0.1% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $718k against liabilities of $241k, net assets of $477k. It reported 46 employees.