Significant Educators

Analysis

Significant Educators is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in July 2018, 8 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 June 2023, Significant Educators reported income of $19.6m and spending of $9.8m, leaving 50% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $8.2m to $19.6m (+141%), an average of +34% a year. The sharpest change came in the year to June 2023, when income rose by 84%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Significant Educators sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within LA. Charities of a similar size with the same main cause include Middle Tennessee Christian School ($19.6m), Ridgefield Academy Inc ($19.6m) and Civic Works Inc ($19.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $159k (1.6% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $18.1m against liabilities of $1.2m, net assets of $16.9m. It reported 128 employees.