Statewide California Electronic Library Consortium
Analysis
Statewide California Electronic Library Consortium is a registered charity in United States, based in N Hollywood, CA. It received its IRS tax-exemption ruling in February 2003, 23 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, Statewide California Electronic Library Consortium reported income of $1.9m and spending of $1.8m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $1.9m (+23%), an average of +5.4% a year. 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, Statewide California Electronic Library Consortium sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Billie Jean King Foundation ($1.9m), Renaissance Academy - a School for the Multi Media Arts ($1.9m) and Scholarship Fund of Alexandria ($1.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.8% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $203k (11% of expenses). Other salaries and wages came to $807k. At year end it held assets of $5.9m against liabilities of $2.5m, net assets of $3.4m. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.8%
- Program services 90%
- Other 5.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Billie Jean King Foundation | Randolph | $1.9m |
| Renaissance Academy - a School for the Multi Media Arts | Columbus | $1.9m |
| Scholarship Fund of Alexandria | Alexandria | $1.9m |
| Southern Scholarship Foundation Inc | Tallahassee | $1.9m |