Early Education Program Inc

Analysis

Early Education Program Inc is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in September 1992, 34 years ago. 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, Early Education Program Inc reported income of $3.7m and spending of $3.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.4m to $3.7m (+56%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Early Education Program Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within OR. Charities of a similar size with the same main cause include National Volunteer Fire Council Inc ($3.7m), Dunn Emergency Services Inc ($3.7m) and Marvin S Robinson Charitable TR ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $57k (1.5% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $1.6m against liabilities of $11k, net assets of $1.6m. It reported 131 employees.