Internationals Network for Public Schools Inc

Analysis

Internationals Network for Public Schools Inc is a registered charity in United States, based in Long Island City, NY. It received its IRS tax-exemption ruling in April 2005, 21 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 June 2023, Internationals Network for Public Schools Inc reported income of $2.3m and spending of $3.4m, spending 147% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.3m to $2.3m (-29%), an average of -8.3% a year. The sharpest change came in the year to June 2023, when income dropped by 49%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Internationals Network for Public Schools Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Bridging the Gap Inc ($2.3m), Northern Colorado Youth Hockey ($2.3m) and Boys and Girls Club of Souhegan Valley Inc ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $487k (14% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $7.0m against liabilities of $263k, net assets of $6.7m. It reported 24 employees.