Postsecondary Electronic Standards Council

Analysis

Postsecondary Electronic Standards Council is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Postsecondary Electronic Standards Council reported income of $264k and spending of $217k, spending 82% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $564k to $264k (-53%), an average of -14% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Postsecondary Electronic Standards Council sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 34th percentile within DC. Charities of a similar size with the same main cause include Ethos Education Group Inc ($264k), Rangely School Foundation Inc ($264k) and Kentucky Real Estate Education Foundation Inc ($264k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $92k. At year end it held assets of $112k against liabilities of $248k, net assets of -$136k. It reported 2 employees.