Link Education Partners Inc

Analysis

Link Education Partners Inc is a registered charity in United States, based in Newark, NJ. It received its IRS tax-exemption ruling in March 1946, 80 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, Link Education Partners Inc reported income of $1.3m and spending of $1.5m, spending 110% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income fell from $1.4m to $1.3m (-5.9%), an average of -2.0% a year. The sharpest change came in the year to June 2020, when income rose by 91%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Link Education Partners 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 85th percentile within NJ. Charities of a similar size with the same main cause include Innovative Manufacturers Center Inc ($1.3m), Empire Center for Public Policy Inc ($1.3m) and Michigan Student Assembly of the University of Michigan ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $210k (14% of expenses). Other salaries and wages came to $184k. At year end it held assets of $6.8m against liabilities of $3.4m, net assets of $3.4m. It reported 5 employees.