Educational Services Corpus Christi Corp

Analysis

Educational Services Corpus Christi Corp is a registered charity in United States, based in Aguadilla, PR. It received its IRS tax-exemption ruling in December 2006, 20 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, Educational Services Corpus Christi Corp reported income of $596k and spending of $616k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $534k to $596k (+12%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Services Corpus Christi Corp sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 59th percentile within PR. Charities of a similar size with the same main cause include Lake School Corporation ($596k), New North Carolina Project ($596k) and Louis T Graves Memorial Public Library Association ($596k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $40k (6.5% of expenses). Other salaries and wages came to $365k. At year end it held assets of $198k against liabilities of $82k, net assets of $116k. It reported 34 employees.