Central Regional Education Association

Analysis

Central Regional Education Association is a registered charity in United States, based in Bismarck, ND. It received its IRS tax-exemption ruling in February 2023, 3 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, Central Regional Education Association reported income of $19.4m and spending of $18.5m, spending 96% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $4.3m to $19.4m (+349%), an average of +112% a year. The sharpest change came in the year to June 2023, when income rose by 206%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Regional Education Association sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within ND. Charities of a similar size with the same main cause include The Brookwood Community Inc ($19.3m), Association of Public and Land-Grant Universities ($19.4m) and Shreveport Charter Foundation Inc ($19.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $108k (0.6% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 55 employees.