El Paso Academy East Inc

Analysis

El Paso Academy East Inc is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in July 2000, 26 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 August 2023, El Paso Academy East Inc reported income of $4.5m and spending of $2.8m, leaving 38% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.4m to $4.5m (+30%), an average of +6.9% a year. The sharpest change came in the year to August 2023, when income rose by 35%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, El Paso Academy East Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within TX. Charities of a similar size with the same main cause include Community Partnership School ($4.5m), Soho Center for Arts and Education Inc ($4.5m) and Colegio Puertorriqueno de Ninas ($4.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $139k (5.1% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $10.7m against liabilities of $140k, net assets of $10.5m. It reported 59 employees.