Code Nation Inc

Analysis

Code Nation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2013, 13 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 July 2023, Code Nation Inc reported income of $4.3m and spending of $6.9m, spending 161% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $3.6m to $4.3m (+19%), an average of +4.4% a year. The sharpest change came in the year to July 2020, when income rose by 85%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Code Nation Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Wilmington Montessori School ($4.3m), Life Way Christian School Inc ($4.3m) and Desert Pre-School Academy ($4.3m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 94% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $525k (7.6% of expenses). Other salaries and wages came to $3.6m. At year end it held assets of $4.7m against liabilities of $251k, net assets of $4.4m. It reported 59 employees.