Community Learning Network
Analysis
Community Learning Network is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in August 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, Community Learning Network reported income of $460k and spending of $299k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $293k to $460k (+57%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 74% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Community Learning Network sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within NM. Charities of a similar size with the same main cause include Read to Succeed Inc ($460k), Association of Mathematics Teacher Eduacators ($460k) and Rosie Riveters ($460k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $90k (30% of expenses). Other salaries and wages came to $12k. At year end it held assets of $762k against liabilities of $341, net assets of $761k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 50%
- Program services 50%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Read to Succeed Inc | Hope | $460k |
| Association of Mathematics Teacher Eduacators | Centennial | $460k |
| Rosie Riveters | Alexandria | $460k |
| Society of Italian American Businessmen Inc | Bel Air | $460k |