Washington Research Library Consortium

Analysis

Washington Research Library Consortium is a registered charity in United States, based in Uppr Marlboro, MD. It received its IRS tax-exemption ruling in July 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Washington Research Library Consortium reported income of $6.1m and spending of $5.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.6m to $6.1m (+8.5%), an average of +2.1% a year. The sharpest change came in the year to June 2023, when income rose by 18%. 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, Washington Research Library Consortium sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include The California Medical Innovations Institute Inc ($6.1m), Archway Classical Academy Chandler ($6.1m) and Gods Bible School College and Missionary Training Home ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $424k (7.6% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $17.4m against liabilities of $5.1m, net assets of $12.3m. It reported 20 employees.