Network for Public Education Fund Inc

Analysis

Network for Public Education Fund Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2015, 11 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, Network for Public Education Fund Inc reported income of $394k and spending of $415k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $263k to $394k (+50%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 215%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Network for Public Education Fund Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include University South Foundation Inc ($393k), Haymount United Methodist Church Preschool Inc ($394k) and South Mecklenburg High School Athletic Booster Club ($393k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $81k (20% of expenses). Other salaries and wages came to $77k. At year end it held assets of $1.4m against liabilities of $7,000, net assets of $1.4m. It reported 4 employees.