Netzach Educational Network Inc

Analysis

Netzach Educational Network Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2020, 6 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, Netzach Educational Network Inc reported income of $1.3m and spending of $1.2m, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $453k to $1.3m (+184%), an average of +42% a year. The sharpest change came in the year to December 2022, when income rose by 103%. 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, Netzach Educational Network Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Manchester Youth Development Center Inc ($1.3m), Penobscot Christian School ($1.3m) and Rocky Mountain Christian Academy ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $13k. At year end it held assets of $129k against liabilities of $17k, net assets of $112k.