Education Alliance of Washoe County Inc

Analysis

Education Alliance of Washoe County Inc is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Education Alliance of Washoe County Inc reported income of $477k and spending of $428k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $836k to $477k (-43%), an average of -13% a year. The sharpest change came in the year to June 2021, when income rose by 56%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Education Alliance of Washoe County Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within NV. Charities of a similar size with the same main cause include Hildreth Institute Inc ($477k), City Learners Inc ($477k) and Tennessee Association of Christian Schools ($477k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $98k (23% of expenses). Other salaries and wages came to $14k. At year end it held assets of $299k against liabilities of $201, net assets of $299k.