Career Success Educational Development

Analysis

Career Success Educational Development is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Career Success Educational Development reported income of $14.1m and spending of $11.1m, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.0m to $14.1m (+101%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Career Success Educational Development sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within AZ. Charities of a similar size with the same main cause include AIDS United ($14.1m), Sonoran Schools ($14.1m) and Woodland School ($14.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $558k (5.0% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $23.1m against liabilities of $15.7m, net assets of $7.4m. It reported 102 employees.