Expertise School of Beauty

Analysis

Expertise School of Beauty is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in May 2000, 26 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 2022, Expertise School of Beauty reported income of $1.8m and spending of $2.4m, spending 132% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $2.7m to $1.8m (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Expertise School of Beauty sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NV. Charities of a similar size with the same main cause include The John Paul Stevens Foundation ($1.8m), Preserve Community Foundation ($1.8m) and Mimcs Building Company ($1.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 27% and program service revenue 70% of the total. Other salaries and wages came to $577k. At year end it held assets of $6.2m against liabilities of $6.9m, net assets of -$657k. It reported 30 employees.