Corporation for Effective Schooling

Analysis

Corporation for Effective Schooling is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 1998, 28 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 June 2024, Corporation for Effective Schooling reported income of $7.4m and spending of $8.0m, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.6m to $7.4m (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2023, when income rose by 110%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Corporation for Effective Schooling sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Tucson International Academy ($7.4m), American Association for Physician Leadership Inc ($7.4m) and Pontifical College Josephinum ($7.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.0% and program service revenue 91% of the total. Other salaries and wages came to $2.9m. At year end it held assets of $19.8m against liabilities of $19.0m, net assets of $766k. It reported 67 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.