Ecole 42 USA

Analysis

Ecole 42 USA is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in October 2017, 9 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 September 2022, Ecole 42 USA reported income of $568k and spending of $224k, leaving 61% of income unspent that year. Across the 4 years on record, from September 2019 to September 2022, income fell from $6.3m to $568k (-91%), an average of -55% a year. The sharpest change came in the year to September 2021, when income dropped by 126%. Over the whole period it spent 170% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ecole 42 USA sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Urban Village Montessori ($568k), Atlanta Thrive Parent Institute ($568k) and Houston Metropolitan Dance Center Inc ($568k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 92% and program service revenue 4.8% of the total. Other salaries and wages came to $30k. At year end it held assets of $36k against liabilities of $0, net assets of $36k. It reported 9 employees.