Student Television Network Inc

Analysis

Student Television Network Inc is a registered charity in United States, based in Carlsbad, CA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 Television Network Inc reported income of $627k and spending of $650k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $596k to $627k (+5.1%), an average of +1.2% a year. The sharpest change came in the year to June 2022, when income rose by 99%. Over the whole period it spent 112% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Student Television Network Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include BCS Marathon ($627k), Utah Youth Soccer Incorporated ($627k) and Seattle Childrens Playgarden ($627k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 91% of the total. Other salaries and wages came to $133k. At year end it held assets of $124k against liabilities of $68, net assets of $124k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.