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Walks-Webs Western Eagle Bilingual School Prek 12th Grade Inc

RegisteredEIN 66-0786356Mayaguez, PREducation and training
Income$1.5m2023-06
Spending$1.4msame year
Spent / received100%5-year average
Size in its cause80th pctEducation and training
Exempt since2015School
Employees62latest return

Analysis

Walks-Webs Western Eagle Bilingual School Prek 12th Grade Inc is a registered charity in United States, based in Mayaguez, PR. It received its IRS tax-exemption ruling in March 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 June 2023, Walks-Webs Western Eagle Bilingual School Prek 12th Grade Inc reported income of $1.5m and spending of $1.4m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.5m (+9.3%), an average of +2.2% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Walks-Webs Western Eagle Bilingual School Prek 12th Grade Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 77th percentile within PR. Charities of a similar size with the same main cause include Center for Curriculum Redesign ($1.5m), Young Achievers Learning Center Inc ($1.5m) and Astoria Media Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $24k (1.7% of expenses). Other salaries and wages came to $784k. At year end it held assets of $335k against liabilities of $266k, net assets of $70k. It reported 62 employees.

Income and spending

$0$377k$754k$1.1m$1.5m2019 Income: $1,379,9132019 Spending: $1,427,28320192020 Income: $1,201,7382020 Spending: $1,296,61720202021 Income: $1,160,3512021 Spending: $1,078,10120212022 Income: $1,268,5442022 Spending: $1,307,06520222023 Income: $1,508,3372023 Spending: $1,380,4082023
IncomeSpending

Where the income comes from

  • Contributions & grants 7.1%
  • Program services 90%
  • Other 3.4%

Similar-sized charities, same cause

CharityLocationIncome
Center for Curriculum RedesignJamaica Plain$1.5m
Young Achievers Learning Center IncPhiladelphia$1.5m
Astoria Media IncNew York$1.5m
Monroe Free LibraryMonroe$1.5m