Educare

Analysis

Educare is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Educare reported income of $474k and spending of $552k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $521k to $474k (-9.1%), an average of -2.4% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Educare sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include Smoky Mountain Pregnancy Care Center ($473k), New Glarus Area Emergency Medical Service Inc ($474k) and International Andreas Gruentzig Society ($473k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $80k (14% of expenses). Other salaries and wages came to $230k. At year end it held assets of $41k against liabilities of $9,714, net assets of $31k. It reported 10 employees.