Education Success Network Inc

Analysis

Education Success Network Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in November 2007, 19 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Education Success Network Inc reported income of $3.1m and spending of $2.7m, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.4m to $3.1m (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2021, when income rose by 62%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Education Success Network Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Investors Philanthropic ($3.1m), Marion Community Foundation ($3.1m) and Greyston Foundation Inc ($3.1m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $722k (27% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.9m against liabilities of $2.6m, net assets of $2.3m. It reported 36 employees.