Construction Education Center Inc

Analysis

Construction Education Center Inc is a registered charity in United States, based in Plainville, CT. It received its IRS tax-exemption ruling in July 2007, 19 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 2024, Construction Education Center Inc reported income of $602k and spending of $552k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $351k to $602k (+72%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Construction Education Center Inc 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 71st percentile within CT. Charities of a similar size with the same main cause include Providence Center ($602k), Global Snakebite Initiative USA Foundation Inc ($602k) and Maker Bhavan Foundation ($602k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $100k (18% of expenses). Other salaries and wages came to $171k. At year end it held assets of $253k against liabilities of $244k, net assets of $8,202. It reported 11 employees.