Education Destination

Analysis

Education Destination is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in January 2018, 8 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 May 2024, Education Destination reported income of $274k and spending of $232k, spending 85% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $226k to $274k (+21%), an average of +4.0% a year. 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 Destination sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within LA. Charities of a similar size with the same main cause include Barefoot University ($274k), American Friends of Kolel Tiferes Yisroel ($274k) and Texas Medical Association Library ($274k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 3.5% and program service revenue 96% of the total. Other salaries and wages came to $138k. At year end it held assets of $162k against liabilities of $20k, net assets of $142k. It reported 10 employees.