Collegiate Edu-Nation

Analysis

Collegiate Edu-Nation is a registered charity in United States, based in Roscoe, TX. It received its IRS tax-exemption ruling in June 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 June 2023, Collegiate Edu-Nation reported income of $2.9m and spending of $2.7m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $300k to $2.9m (+871%), an average of +76% a year. The sharpest change came in the year to June 2020, when income rose by 205%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Collegiate Edu-Nation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Penn Hillel ($2.9m), P E O Scholar Awards ($2.9m) and Bingham Fund for Excellence in Teaching at Transylvania Univ ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $146k (5.4% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.8m against liabilities of $100k, net assets of $1.7m. It reported 20 employees.