Education-plus Inc is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1983, with $3,476,168 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$3.5M
▼ 19.5% vs prior year
Expenses (FY2023)
$3.5M
Net assets
$2.5M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Education-plus Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Education-plus Inc: 9 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Education-plus Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Education-plus Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $141K (FY2010) to $3.5M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
0.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.7M
Total liabilities
$230K
Net assets
$2.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $3,476,168▼19.5% | $3,450,325▼4.5% | $2,505,043▲1.0% | $2,735,252▼1.5% | 990 |
| 2022 | $4,319,166▲6.4% | $3,611,928▲5.6% | $2,479,200▲39.9% | $2,777,754▲41.9% | 990 |
| 2021 | $4,060,879▲7.5% | $3,421,650▲8.3% | $1,771,962▲56.4% | $1,957,585▲5.1% | 990 |
| 2020 | $3,776,870▲15.3% | $3,158,556▲7.3% | $1,132,733▲120% | $1,862,508▲57.4% | 990 |
| 2019 | $3,274,718▲61.9% | $2,943,941▲44.6% | $514,419▲180% | $1,183,425▲156% | 990 |
| 2018 | $2,022,737▲23.1% | $2,035,776▲26.9% | $183,642▼6.6% | $462,063▼0.8% | 990 |
| 2017 | $1,643,381▼17.3% | $1,604,258▼20.1% | $196,681▲24.8% | $465,955▼51.3% | 990 |
| 2016 | $1,987,960▲51.9% | $2,007,508▲45.5% | $157,558▼36.6% | $956,298▲64.1% | 990 |
| 2014 | $1,308,378▲94.5% | $1,379,753▲150% | $248,570▼23.4% | $582,762▲43.9% | 990 |
| 2013 | $672,820▲378% | $552,652▲443% | $324,494▲566% | $404,858▲714% | 990 |
| 2010 | $140,631 | $101,738 | $48,742 | $49,764 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
9 grants to Education-plus Inc totaling $275K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Drexel University | Research | 2023 | $33,178 |
| Drexel University | Research | 2022 | $31,750 |
| Drexel University | Research | 2021 | $13,204 |
| The Childrens Hospital of Philadelphia | Research | 2020 | $44,924 |
| The Childrens Hospital of Philadelphia | Research | 2019 | $37,272 |
| The Childrens Hospital of Philadelphia | Research | 2018 | $34,550 |
| Philadelphia Foundation | Program evaluation of 13 school based health centers | 2017 | $30,000 |
| The Childrens Hospital of Philadelphia | Research | 2017 | $20,183 |
| Philadelphia Foundation | Outcome evaluation for school-based health centers in philadelphia | 2016 | $30,000 |
Explore more
Data for Education-plus Inc (EIN 82-0374669) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.