School Empowerment Network Inc

Analysis

School Empowerment Network Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2016, 10 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 June 2023, School Empowerment Network Inc reported income of $5.9m and spending of $5.5m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $5.9m (+197%), an average of +31% a year. The sharpest change came in the year to June 2022, when income rose by 76%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, School Empowerment Network Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Young Womens Preparatory Network ($5.9m), Sefaradic Gan Inc ($5.9m) and St Hope Leadership Academy ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $935k (17% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $2.5m against liabilities of $185k, net assets of $2.4m. It reported 24 employees.