Pennsylvania Academic Library Consortium Inc

Analysis

Pennsylvania Academic Library Consortium Inc is a registered charity in United States, based in Drexel Hill, PA. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pennsylvania Academic Library Consortium Inc reported income of $8.8m and spending of $8.8m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.3m to $8.8m (+66%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pennsylvania Academic Library Consortium Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Eagle Arizona ($8.8m), Scuola Vita Nuova ($8.8m) and Cityschools Collaborative ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $163k (1.9% of expenses). Other salaries and wages came to $217k. At year end it held assets of $7.3m against liabilities of $6.1m, net assets of $1.3m. It reported 4 employees.