Education Alternatives Inc

Analysis

Education Alternatives Inc is a registered charity in United States, based in Ft Worth, TX. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Education Alternatives Inc reported income of $753k and spending of $620k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $492k to $753k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Alternatives Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include South Bend Montessori High School Inc ($753k), Magnolia Montessori School ($753k) and Cancer Patients Alliance ($752k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $862k against liabilities of $200k, net assets of $662k.