Education Pioneers Inc

Analysis

Education Pioneers Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in June 2004, 22 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 September 2023, Education Pioneers Inc reported income of $4.4m and spending of $5.5m, spending 123% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.2m to $4.4m (+4.1%), an average of +1.0% a year. The sharpest change came in the year to September 2021, when income rose by 119%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Pioneers 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 90th percentile within MA. Charities of a similar size with the same main cause include Miles Ahead Charter School ($4.4m), Read to Them Inc ($4.4m) and Mosdos Yaakov Vyisroel Inc ($4.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $493k (9.0% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $2.6m against liabilities of $884k, net assets of $1.8m. It reported 60 employees.