Education Comes First Inc

Analysis

Education Comes First Inc is a registered charity in United States, based in Newton, NH. It received its IRS tax-exemption ruling in April 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, Education Comes First Inc reported income of $662k and spending of $429k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $350k to $662k (+89%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Comes First Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within NH. Charities of a similar size with the same main cause include Washington Congress of Parents & Teachers ($662k), Adopt a Class Foundation ($662k) and Alleghany Partnership for Children Inc ($662k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $19k (4.5% of expenses). At year end it held assets of $404k against liabilities of $0, net assets of $404k.