Education Training and Research Associates

Analysis

Education Training and Research Associates is a registered charity in United States, based in Watsonville, CA. It received its IRS tax-exemption ruling in January 1982, 44 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Education Training and Research Associates reported income of $20.8m and spending of $21.6m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.6m to $20.8m (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2020, when income rose by 17%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Education Training and Research Associates sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include The International Academy of Hope ($20.8m), Grandview Christian Home ($20.8m) and Dimensions Healthcare Associates ($20.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $1.8m (8.5% of expenses). Other salaries and wages came to $10.1m. At year end it held assets of $18.9m against liabilities of $9.9m, net assets of $8.9m. It reported 145 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.