Pleiades Network Inc

Analysis

Pleiades Network Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Pleiades Network Inc reported income of $189k and spending of $121k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income fell from $238k to $189k (-21%), an average of -11% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pleiades Network Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include C W Cline Primary School Parents and Teachers Organization ($189k), Univ of South Alabama Foundation for Research and Commercialization ($189k) and Red Worldwide Inc ($189k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 18% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.