Special Needs Network Inc

Analysis

Special Needs Network Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Special Needs Network Inc reported income of $15.7m and spending of $13.8m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.8m to $15.7m (+228%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Special Needs Network Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Center for Global Development ($15.7m), Central Arkansas Area Agency on Aging Inc ($15.7m) and Young Mens Christian Association of South Palm Beach County Inc ($15.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $301k (2.2% of expenses). Other salaries and wages came to $8.6m. It paid $18k in professional fundraising fees. At year end it held assets of $7.3m against liabilities of $4.4m, net assets of $2.9m. It reported 546 employees.