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Envision Education Inc

RegisteredEIN 94-3394659Oakland, CAEducation and training
Income$29.4m2023-06
Spending$26.4msame year
Spent / received91%5-year average
Size in its cause97th pctEducation and training
Exempt since2002Publicly supported organisat
Employees235latest return

Analysis

Envision Education Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in November 2002, 24 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 June 2023, Envision Education Inc reported income of $29.4m and spending of $26.4m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.2m to $29.4m (+32%), an average of +7.2% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Envision Education Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Camden Prep Inc ($29.3m), Idyllwild Arts Foundation ($29.4m) and Hilbert College ($29.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $491k (1.9% of expenses). Other salaries and wages came to $13.6m. At year end it held assets of $32.8m against liabilities of $18.4m, net assets of $14.4m. It reported 235 employees.

Income and spending

$0$7.3m$14.7m$22.0m$29.4m2019 Income: $22,226,7132019 Spending: $21,140,97220192020 Income: $23,482,9382020 Spending: $22,160,02520202021 Income: $24,435,2242021 Spending: $20,720,49420212022 Income: $24,881,9582022 Spending: $23,071,24420222023 Income: $29,361,7062023 Spending: $26,410,4972023
IncomeSpending

Where the income comes from

  • Contributions & grants 96%
  • Program services 3.8%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Camden Prep IncNew York$29.3m
Idyllwild Arts FoundationIdyllwild$29.4m
Hilbert CollegeHamburg$29.3m
Early Learning Coalition of Floridas Heartland IncPt Charlotte$29.4m