Expanding Frontiers Corp

Analysis

Expanding Frontiers Corp is a registered charity in United States, based in Brownsville, TX. It received its IRS tax-exemption ruling in April 2021, 5 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 December 2023, Expanding Frontiers Corp reported income of $372k and spending of $484k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $360k to $372k (+3.4%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 726%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Expanding Frontiers Corp sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Lao Advancement Organization of America ($372k), Ark Adventure Preschool ($372k) and Centro Las Olas ($372k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $33k (6.9% of expenses). Other salaries and wages came to $299k. At year end it held assets of $112k against liabilities of $4,038, net assets of $108k. It reported 15 employees.