Council on Regional Economic Expansion & Educational Dev Founda

Analysis

Council on Regional Economic Expansion & Educational Dev Founda is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in August 2017, 9 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, Council on Regional Economic Expansion & Educational Dev Founda reported income of $590k and spending of $493k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $590k (+195%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 1838%. Over the whole period it spent 186% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Council on Regional Economic Expansion & Educational Dev Founda sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Community Library ($590k), Conflict Resolution Center of Santa Cruz County ($591k) and Freedom Preparatory Academy Charter Schools Alabama ($590k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3.6m against liabilities of $4.7m, net assets of -$1.1m.