Ethos Education Group Inc

Analysis

Ethos Education Group Inc is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ethos Education Group Inc reported income of $264k and spending of $198k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $74k to $264k (+256%), an average of +53% a year. The sharpest change came in the year to December 2021, when income rose by 321%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ethos Education Group Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Kentucky Real Estate Education Foundation Inc ($264k), Postsecondary Electronic Standards Council ($264k) and Maple Valley Anthon Oto School Foundation Inc ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $10k (5.2% of expenses). At year end it held assets of $91k against liabilities of $117k, net assets of -$26k.