CheckMyDonation

5g Expanded Learning Inc

RegisteredEIN 84-2027003Corte Madera, CAEducation and training
Income$518k2023-06
Spending$514ksame year
Spent / received92%4-year average
Size in its cause68th pctEducation and training
Exempt since2019Publicly supported organisat
Employees9latest return

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

$0$138k$276k$414k$552k2020 Income: $289,5962020 Spending: $276,73520202021 Income: $318,2222021 Spending: $323,34520212022 Income: $552,0492022 Spending: $436,76720222023 Income: $518,3292023 Spending: $513,8962023
IncomeSpending

Where the income comes from

  • Contributions & grants 0.2%
  • Program services 100%

Similar-sized charities, same cause

CharityLocationIncome
Belton Educational Enrichment FoundationBelton$518k
Plus Delta After School StudiosDayton$518k
Wildflower IncNeedham$518k
Erdman Family School IncScituate$518k