Studentnest Foundation

Analysis

Studentnest Foundation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in November 2022, 4 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, Studentnest Foundation reported income of $803k and spending of $436k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $575k to $803k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 73% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Studentnest Foundation 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 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Samish Montessori School ($802k), Solano Christian Academy ($803k) and Toledo Tomorrow ($802k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $195k. At year end it held assets of $493k against liabilities of $34k, net assets of $459k. It reported 7 employees.