Childrens Educational Services Inc

Analysis

Childrens Educational Services Inc is a registered charity in United States, based in Ponte Vedra, FL. It received its IRS tax-exemption ruling in February 1971, 55 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 July 2023, Childrens Educational Services Inc reported income of $7.8m and spending of $8.3m, spending 106% of what it took in. Across the 5 years on record, from August 2019 to July 2023, income grew from $4.7m to $7.8m (+66%), an average of +13% a year. The sharpest change came in the year to July 2022, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Childrens Educational Services Inc 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 FL. Charities of a similar size with the same main cause include Oregon Family School ($7.8m), Middlesex County STEM Charter School ($7.8m) and International Community School Inc ($7.8m).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 91% of the total. Other salaries and wages came to $3.9m. At year end it held assets of $911k against liabilities of $307k, net assets of $604k. It reported 135 employees.