Educate

Analysis

Educate is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Educate reported income of $11.1m and spending of $9.2m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.7m to $11.1m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2022, when income rose by 188%. Over the whole period it spent 63% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Educate 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 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include International Center for Journalists Inc ($11.0m), American Academy in Berlin ($11.1m) and African Fertilizer and Agribusiness Partnership ($11.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $619k (6.7% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $24.5m against liabilities of $309k, net assets of $24.2m. It reported 15 employees.