Escuela Federico Froebel Inc
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
Where the income comes from
- Program services 72%
- Other 28%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| A Renaissance School of Arts and Sciences | Portland | $3.3m |
| Modesto Christian School Inc | Modesto | $3.3m |
| St Andrews Episcopal School of Fort Pierce Inc | Fort Pierce | $3.3m |
| Nyack Library | Nyack | $3.3m |