Shuang Wen Academy Network

Analysis

Shuang Wen Academy Network is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Shuang Wen Academy Network reported income of $1.7m and spending of $1.5m, spending 92% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.2m to $1.7m (+40%), an average of +6.9% a year. The sharpest change came in the year to December 2019, when income rose by 35%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shuang Wen Academy Network 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 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Western Association of College and University Business Officers ($1.7m), Park City Historical Society Inc ($1.7m) and Williamsburg Montessori School ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $103k (6.7% of expenses). Other salaries and wages came to $840k. At year end it held assets of $2.4m against liabilities of $1.5m, net assets of $949k. It reported 62 employees.