Educate Advancing Early Childhood Education Parenting and Literacy

Analysis

Educate Advancing Early Childhood Education Parenting and Literacy is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Educate Advancing Early Childhood Education Parenting and Literacy reported income of $2.0m and spending of $1.7m, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $2.0m (+80%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Educate Advancing Early Childhood Education Parenting and Literacy sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Helpusadopt Org Inc ($2.0m), Little Star Foundation ($2.0m) and Oasis Therapeutic Foster Care Network Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $114k (6.7% of expenses). At year end it held assets of $2.6m against liabilities of $1.6m, net assets of $1.0m. It reported 31 employees.