Student Leadership Network Inc

Analysis

Student Leadership Network Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Student Leadership Network Inc reported income of $18.8m and spending of $12.2m, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.1m to $18.8m (+70%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 53%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Student Leadership Network Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include NMDP Foundation ($18.7m), Givinga Foundation Inc ($18.8m) and Yellowstone Club Community Foundation ($18.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $574k (4.7% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $20.7m against liabilities of $3.4m, net assets of $17.3m. It reported 188 employees.