Center for Early Education

Analysis

Center for Early Education is a registered charity in United States, based in W Hollywood, CA. It received its IRS tax-exemption ruling in December 1968, 58 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Center for Early Education reported income of $26.1m and spending of $28.0m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $27.5m to $26.1m (-5.3%), an average of -1.4% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Early Education 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 Berwick Academy Trustees ($26.1m), Allen University ($26.1m) and Two Rivers Public Charter School Inc ($26.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $1.4m (5.0% of expenses). Other salaries and wages came to $10.5m. At year end it held assets of $162.1m against liabilities of $43.2m, net assets of $118.9m. It reported 166 employees.