Corporation for Educational Partnerships

Analysis

Corporation for Educational Partnerships is a registered charity in United States, based in Holly Springs, NC. It received its IRS tax-exemption ruling in August 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 June 2023, Corporation for Educational Partnerships reported income of $6.8m and spending of $8.4m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.1m to $6.8m (-4.2%), an average of -1.1% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Corporation for Educational Partnerships sits at the 91st percentile: it is larger than about 91% 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 Peoria Charter School Initiative Co ($6.8m), Capital City Area Council for Special Services ($6.8m) and Christian Education Incorporated ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $245k (2.9% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $14.9m against liabilities of $22.1m, net assets of -$7.1m. It reported 125 employees.