Core Educational Services

Analysis

Core Educational Services is a registered charity in United States, based in Chantilly, VA. It received its IRS tax-exemption ruling in April 2019, 7 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 2022, Core Educational Services reported income of $927k and spending of $1.0m, spending 113% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $252k to $927k (+268%), an average of +54% a year. The sharpest change came in the year to December 2021, when income rose by 219%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Core Educational Services sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within VA. Charities of a similar size with the same main cause include Isow Inc ($927k), Advisory Board Booker T Washington H S for Performing and Visual Arts ($928k) and Sugar Maple Nature School ($927k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $72k (6.9% of expenses). Other salaries and wages came to $151k. At year end it held assets of $88k against liabilities of $140k, net assets of -$53k. It reported 5 employees.