Center for Excellence in Education

Analysis

Center for Excellence in Education is a registered charity in United States, based in McLean, VA. It received its IRS tax-exemption ruling in February 1983, 43 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Center for Excellence in Education reported income of $4.1m and spending of $3.5m, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $4.1m (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Excellence in Education 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 91st percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Pacific Resources for Education and Learning ($4.1m), Discovery Center of Science and Technology ($4.1m) and Bellingrath Gardens and Home Foundation Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $503k (14% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $10.3m against liabilities of $499k, net assets of $9.8m. It reported 27 employees.