Education Plus Nicaragua Inc

Analysis

Education Plus Nicaragua Inc is a registered charity in United States, based in Barnesville, GA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Education Plus Nicaragua Inc reported income of $427k and spending of $391k, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $225k to $427k (+89%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 50%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Education Plus Nicaragua Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within GA. Charities of a similar size with the same main cause include Live Healthy Little Havana Inc ($427k), Colorado Ag Education Inc ($427k) and Friends of the Children Tampa Bay ($426k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.4% of the total. Compensation of current officers, directors and key employees was $62k (16% of expenses). Other salaries and wages came to $127k. At year end it held assets of $265k against liabilities of $66k, net assets of $200k.