5g Expanded Learning Inc
Analysis
5g Expanded Learning Inc is a registered charity in United States, based in Corte Madera, CA. It received its IRS tax-exemption ruling in December 2019, 7 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 June 2023, 5g Expanded Learning Inc reported income of $518k and spending of $514k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $290k to $518k (+79%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 92% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, 5g Expanded Learning Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Belton Educational Enrichment Foundation ($518k), Plus Delta After School Studios ($518k) and Wildflower Inc ($518k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $146k (28% of expenses). Other salaries and wages came to $153k. At year end it held assets of $176k against liabilities of $49k, net assets of $127k. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.2%
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Belton Educational Enrichment Foundation | Belton | $518k |
| Plus Delta After School Studios | Dayton | $518k |
| Wildflower Inc | Needham | $518k |
| Erdman Family School Inc | Scituate | $518k |