Etm-La Inc

Analysis

Etm-La Inc is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. 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 August 2023, Etm-La Inc reported income of $2.8m and spending of $2.8m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.4m to $2.8m (+14%), an average of +3.4% a year. The sharpest change came in the year to August 2022, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Etm-La Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include San Jose Community Media Access Corp ($2.8m), The Glass-Glen Burnie Foundation ($2.8m) and Visiting Nurse Associ of Northern NJ Affiliated Health Services Inc ($2.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 60% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $144k (5.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.2m against liabilities of $260k, net assets of $1.9m. It reported 56 employees.