Asset Network for Educationworldwide Inc

Analysis

Asset Network for Educationworldwide Inc is a registered charity in United States, based in San Marino, CA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Asset Network for Educationworldwide Inc reported income of $1.3m and spending of $1.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.3m (-1.9%), an average of -0.5% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 99% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Asset Network for Educationworldwide Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Mid Atlantic Regional Air Management Assocation Inc ($1.3m), The Hudson Carbon Research Foundation Inc ($1.3m) and Climate Analytics Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 76% of the total. Other salaries and wages came to $62k. At year end it held assets of $134k against liabilities of $56k, net assets of $78k. It reported 3 employees.