Elkton Community Education Center
Analysis
Elkton Community Education Center is a registered charity in United States, based in Elkton, OR. It received its IRS tax-exemption ruling in September 1999, 27 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, Elkton Community Education Center reported income of $558k and spending of $469k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $558k (+101%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 57%. 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, Elkton Community Education Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within OR. Charities of a similar size with the same main cause include Happy Tots Daycare Center Inc ($558k), Precious Life Center ($558k) and Michael J Connell Memorial Fund Trust ($558k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $52k (11% of expenses). Other salaries and wages came to $202k. At year end it held assets of $900k against liabilities of $10k, net assets of $889k. It reported 26 employees.
Income and spending
Where the income comes from
- Contributions & grants 77%
- Program services 20%
- Other 2.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Happy Tots Daycare Center Inc | Birmingham | $558k |
| Precious Life Center | Dayton | $558k |
| Michael J Connell Memorial Fund Trust | Santa Barbara | $558k |
| Farm to School of Park County | Livingston | $558k |