Central States Private Education Network
Analysis
Central States Private Education Network is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Central States Private Education Network reported income of $493k and spending of $423k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $493k (+106%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 43%. 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, Central States Private Education Network sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MD. Charities of a similar size with the same main cause include Schools That Lead Inc ($493k), Avanti Fellows USA ($493k) and Lakeshore First Robotics Programs ($493k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $123k (29% of expenses). At year end it held assets of $130k against liabilities of $0, net assets of $130k.
Income and spending
Where the income comes from
- Contributions & grants 30%
- Program services 70%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Schools That Lead Inc | Wilmington | $493k |
| Avanti Fellows USA | Fremont | $493k |
| Lakeshore First Robotics Programs | Manitowoc | $493k |
| Awhs Falcon Foundation | San Anselmo | $493k |