Elite Education Learning Services Inc
Analysis
Elite Education Learning Services Inc is a registered charity in United States, based in Randolph, MA. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Elite Education Learning Services Inc reported income of $169k and spending of $153k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $143k to $169k (+18%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 89% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Elite Education Learning Services Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Blue Grass Elementary PTO ($169k), Fenghua Academy ($169k) and Granite Mountain Interagency Hotshot Crew Learning and Tribute ($169k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.
Income and spending
Where the income comes from
- Contributions & grants 48%
- Program services 52%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Blue Grass Elementary PTO | Knoxville | $169k |
| Fenghua Academy | Lake Zurich | $169k |
| Granite Mountain Interagency Hotshot Crew Learning and Tribute | Prescott | $169k |
| Youth Boosters of Madisonville | Covington | $169k |