Escuela Argentina Inc

Analysis

Escuela Argentina Inc is a registered charity in United States, based in Potomac, MD. It received its IRS tax-exemption ruling in February 2002, 24 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 August 2023, Escuela Argentina Inc reported income of $1.1m and spending of $1.0m, spending 96% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $828k to $1.1m (+29%), an average of +6.6% a year. The sharpest change came in the year to August 2020, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Escuela Argentina Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include Paideia Classical Christian School ($1.1m), Smiles Day School ($1.1m) and University of Wyoming Alumni ($1.1m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 0.5% and program service revenue 96% of the total. Other salaries and wages came to $588k. At year end it held assets of $3.0m against liabilities of $1.2m, net assets of $1.9m. It reported 59 employees.