Ecclesial Schools Initiative Inc

Analysis

Ecclesial Schools Initiative Inc is a registered charity in United States, based in Oviedo, FL. It received its IRS tax-exemption ruling in May 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, Ecclesial Schools Initiative Inc reported income of $1.7m and spending of $1.5m, spending 85% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $628k to $1.7m (+171%), an average of +65% a year. The sharpest change came in the year to June 2022, when income rose by 125%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ecclesial Schools Initiative Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Minnesota School-Based Health Alliance ($1.7m), Treasures 4 Teachers Inc ($1.7m) and Discovery Woods ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $123k (8.5% of expenses). Other salaries and wages came to $939k. At year end it held assets of $826k against liabilities of $37k, net assets of $789k. It reported 38 employees.