College Diabetes Network Inc

Analysis

College Diabetes Network Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 December 2023, College Diabetes Network Inc reported income of $2.4m and spending of $2.0m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.4m (+80%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, College Diabetes Network Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MA. Charities of a similar size with the same main cause include Dakota Properties Inc ($2.4m), The Clearity Foundation ($2.4m) and Bluestone Child and Adolescent Psychiatric Hospital ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $382k (19% of expenses). Other salaries and wages came to $800k. At year end it held assets of $2.6m against liabilities of $58k, net assets of $2.5m. It reported 16 employees.