Educational Consortium Institute

Analysis

Educational Consortium Institute is a registered charity in United States, based in Aptos, CA. It received its IRS tax-exemption ruling in May 2001, 25 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 July 2023, Educational Consortium Institute reported income of $406k and spending of $448k, spending 110% of what it took in. Across the 4 years on record, from July 2019 to July 2023, income fell from $820k to $406k (-51%), an average of -21% a year. The sharpest change came in the year to July 2023, when income rose by 70%. 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, Educational Consortium Institute sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Community Alliance for Learning ($406k), Point Magazine ($406k) and Alpha Chi Rho Educational Foundation Inc ($406k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $100k (22% of expenses). Other salaries and wages came to $33k. At year end it held assets of $511k against liabilities of $524k, net assets of -$13k. It reported 15 employees.