Nicaraguan Education Resource Center

Analysis

Nicaraguan Education Resource Center is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in October 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, Nicaraguan Education Resource Center reported income of $685k and spending of $486k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $329k to $685k (+108%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 54% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nicaraguan Education Resource Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Ulster Community College Association Inc ($685k), Virginia Society for Technology in Education ($686k) and Shawnee Mission Education FDN ($685k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 0.1% of the total. Other salaries and wages came to $200k. At year end it held assets of $2.5m against liabilities of $53k, net assets of $2.4m. It reported 1 employees.