New Orleans Educational Telecommunications Consortium

Analysis

New Orleans Educational Telecommunications Consortium is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in May 1986, 40 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, New Orleans Educational Telecommunications Consortium reported income of $192k and spending of $58k, leaving 70% of income unspent that year. Across the 2 years on record, from June 2020 to June 2023, income fell from $221k to $192k (-13%), an average of -13% a year. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Orleans Educational Telecommunications Consortium sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within LA. Charities of a similar size with the same main cause include Western States Conference for Pharmacy Residents Fellowships & P ($192k), Metropolitan Housing Development Corporation ($192k) and Leo High School Alumni Association ($192k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $469k against liabilities of $25k, net assets of $444k.