CheckMyDonation

Escuela Federico Froebel Inc

RegisteredEIN 66-0437360Aguadilla, PREducation and training
Income$3.3m2023-12
Spending$2.4msame year
Spent / received90%5-year average
Size in its cause86th pctEducation and training
Exempt since2015School
Employees115latest return

Analysis

Escuela Federico Froebel Inc is a registered charity in United States, based in Aguadilla, PR. It received its IRS tax-exemption ruling in May 2015, 11 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 December 2023, Escuela Federico Froebel Inc reported income of $3.3m and spending of $2.4m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $3.3m (+154%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 55%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Escuela Federico Froebel Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 85th percentile within PR. Charities of a similar size with the same main cause include A Renaissance School of Arts and Sciences ($3.3m), Modesto Christian School Inc ($3.3m) and St Andrews Episcopal School of Fort Pierce Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 72% of the total. Compensation of current officers, directors and key employees was $123k (5.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.2m against liabilities of $544k, net assets of $2.6m. It reported 115 employees.

Income and spending

$0$814k$1.6m$2.4m$3.3m2019 Income: $1,280,7552019 Spending: $1,371,12120192020 Income: $1,319,3522020 Spending: $1,302,81720202021 Income: $2,040,4822021 Spending: $1,796,61920212022 Income: $2,324,2552022 Spending: $2,249,96420222023 Income: $3,254,1042023 Spending: $2,444,7962023
IncomeSpending

Where the income comes from

  • Program services 72%
  • Other 28%

Similar-sized charities, same cause

CharityLocationIncome
A Renaissance School of Arts and SciencesPortland$3.3m
Modesto Christian School IncModesto$3.3m
St Andrews Episcopal School of Fort Pierce IncFort Pierce$3.3m
Nyack LibraryNyack$3.3m