Healthy Start Education Inc

Analysis

Healthy Start Education Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in February 1999, 27 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 2023, Healthy Start Education Inc reported income of $10.2m and spending of $10.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.7m to $10.2m (+117%), an average of +21% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Healthy Start Education Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Educational Credential Evaluators Inc ($10.1m), Maef Public Charter Schools Incorporated ($10.2m) and Rgec Inc ($10.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Other salaries and wages came to $4.4m. At year end it held assets of $12.3m against liabilities of $13.4m, net assets of -$1.1m. It reported 94 employees.