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Community Education Association Inc

RegisteredEIN 58-2429902Newnan, GAEducation and training
Income$8.9m2024-06
Spending$7.4msame year
Spent / received67%5-year average
Size in its cause93rd pctEducation and training
Exempt since1999School
Employees114latest return

Analysis

Community Education Association Inc is a registered charity in United States, based in Newnan, GA. 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 2024, Community Education Association Inc reported income of $8.9m and spending of $7.4m, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.2m to $8.9m (+70%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Community Education Association 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 GA. Charities of a similar size with the same main cause include New Life School ($8.9m), Institute of Church Administration and Management ($8.9m) and The Cottage School Educational Resource Center Inc ($8.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $12.4m against liabilities of $5.4m, net assets of $7.0m. It reported 114 employees.

Income and spending

$0$2.2m$4.5m$6.7m$8.9m2020 Income: $5,244,5362020 Spending: $733,37120202021 Income: $5,719,0702021 Spending: $3,931,36020212022 Income: $6,563,9622022 Spending: $4,956,39420222023 Income: $7,912,6972023 Spending: $6,011,99120232024 Income: $8,918,9192024 Spending: $7,352,9332024
IncomeSpending

Where the income comes from

  • Contributions & grants 46%
  • Program services 54%

Similar-sized charities, same cause

CharityLocationIncome
New Life SchoolNew York$8.9m
Institute of Church Administration and ManagementAtlanta$8.9m
The Cottage School Educational Resource Center IncRoswell$8.9m
Rochester Math & Science AcademyRochester$8.9m