Marguerite Kiefer Education Center Inc

Analysis

Marguerite Kiefer Education Center Inc is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in February 2007, 19 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 December 2023, Marguerite Kiefer Education Center Inc reported income of $500k and spending of $562k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $406k to $500k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Marguerite Kiefer Education Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Great Days Early Education Center ($500k), Stratford Playhouse Booster Club ($500k) and Saint Dominics Academy ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $103k (18% of expenses). Other salaries and wages came to $360k. At year end it held assets of $328k against liabilities of $62k, net assets of $266k. It reported 37 employees.