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Education Evolving

RegisteredEIN 47-3761921Minneapolis, MNEducation and training
Income$2.0m2023-12
Spending$1.1msame year
Spent / received76%5-year average
Size in its cause82nd pctEducation and training
Exempt since2015Publicly supported organisat
Employees5latest return

Analysis

Education Evolving is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 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 Evolving reported income of $2.0m and spending of $1.1m, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $450k to $2.0m (+345%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 81%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Evolving sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MN. Charities of a similar size with the same main cause include Freeman Academy & Freeman Junior College ($2.0m), Friends of Rodeph Sholom School Inc ($2.0m) and Maple Village Waldorf School ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $78k (7.4% of expenses). Other salaries and wages came to $322k. At year end it held assets of $1.5m against liabilities of $64k, net assets of $1.4m. It reported 5 employees.

Income and spending

$0$501k$1.0m$1.5m$2.0m2019 Income: $450,0092019 Spending: $410,35520192020 Income: $476,0042020 Spending: $456,03720202021 Income: $832,4962021 Spending: $686,30320212022 Income: $1,107,6572022 Spending: $1,086,52620222023 Income: $2,004,1622023 Spending: $1,061,0012023
IncomeSpending

Where the income comes from

  • Contributions & grants 88%
  • Program services 11%
  • Other 0.5%

Similar-sized charities, same cause

CharityLocationIncome
Freeman Academy & Freeman Junior CollegeFreeman$2.0m
Friends of Rodeph Sholom School IncNew York$2.0m
Maple Village Waldorf SchoolLong Beach$2.0m
Cypress Mandela Training CenterOakland$2.0m