Education Service Center Region Xiii
Analysis
Education Service Center Region Xiii is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in March 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending August 2023, Education Service Center Region Xiii reported income of $98.3m and spending of $99.6m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $57.1m to $98.3m (+72%), an average of +14% a year. The sharpest change came in the year to August 2021, when income rose by 24%. 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, Education Service Center Region Xiii sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Northwood University ($98.0m), Khan Academy Inc ($98.3m) and Westminster Schools Inc ($97.7m).
On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.3m (1.3% of expenses). Other salaries and wages came to $17.5m. At year end it held assets of $53.8m against liabilities of $18.9m, net assets of $35.0m. It reported 313 employees.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Northwood University | Midland | $98.0m |
| Khan Academy Inc | Mountain View | $98.3m |
| Westminster Schools Inc | Atlanta | $97.7m |
| Lenoir-Rhyne University | Hickory | $98.6m |