Electronic Educational Programs Inc

Analysis

Electronic Educational Programs Inc is a registered charity in United States, based in Montecito, CA. It received its IRS tax-exemption ruling in July 1976, 50 years ago. 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 December 2023, Electronic Educational Programs Inc reported income of $62k and spending of $81k, spending 131% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $162k to $62k (-62%), an average of -38% a year. The sharpest change came in the year to December 2022, when income dropped by 70%. Over the whole period it spent 141% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Electronic Educational Programs Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within CA. Charities of a similar size with the same main cause include Friends of Cleveland HTS University HTS Public Library ($62k), The Gift of Life Inc of Rotary District 726 ($62k) and Wayne Westland Foundation for Theimprovement of Instruction ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.