Spring Educational Services Inc

Analysis

Spring Educational Services Inc is a registered charity in United States, based in Johns Creek, GA. It received its IRS tax-exemption ruling in February 2022, 4 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, Spring Educational Services Inc reported income of $542k and spending of $512k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $112k to $542k (+383%), an average of +120% a year. The sharpest change came in the year to December 2022, when income rose by 169%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Spring Educational Services Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Organization for Associates Degree Nursing Foundation Inc ($542k), Msho Foundation ($542k) and Saint Clares Tahoe a Mountain Montessori School ($542k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $63k (12% of expenses). Other salaries and wages came to $231k. At year end it held assets of $38k against liabilities of $0, net assets of $38k. It reported 13 employees.