Pasadena Education Network

Analysis

Pasadena Education Network is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in January 2006, 20 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 July 2023, Pasadena Education Network reported income of $185k and spending of $176k, spending 95% of its income. Across the 2 years on record, from July 2022 to July 2023, income fell from $198k to $185k (-6.6%), an average of -6.6% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pasadena Education Network sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Uinta County Library Foundation Inc ($185k), Mu Delta Alpha Muslimahs for Change ($185k) and Higher Education Systems and Services Consortium Inc ($185k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $250k against liabilities of $4,579, net assets of $245k.