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Trustees Education Network Inc

RegisteredEIN 74-2901771Columbia, SCPoverty relief
Income$135k2024-09
Spending$134ksame year
Spent / received104%6-year average
Size in its cause39th pctPoverty relief
Exempt since1999Publicly supported organisat
Employees–latest return

Analysis

Trustees Education Network Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2024, Trustees Education Network Inc reported income of $135k and spending of $134k, spending 99% of its income. Across the 6 years on record, from September 2019 to September 2024, income fell from $160k to $135k (-16%), an average of -3.3% a year. The sharpest change came in the year to September 2023, when income rose by 48%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trustees Education Network Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within SC. Charities of a similar size with the same main cause include Life Purpose Power Teams ($135k), Maisha Kamili ($135k) and Calvarys Mission Inc ($135k).

On its Form 990-EZ for the period ending September 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.

Income and spending

$0$40k$80k$120k$160k2019 Income: $159,5172019 Spending: $155,45320192020 Income: $125,7312020 Spending: $124,37420202021 Income: $76,3232021 Spending: $107,71520212022 Income: $91,9462022 Spending: $112,80420222023 Income: $136,0582023 Spending: $119,20420232024 Income: $134,7702024 Spending: $133,7162024
IncomeSpending

Where the income comes from

  • Program services 100%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Life Purpose Power TeamsLA Porte$135k
Maisha KamiliAlvin$135k
Calvarys Mission IncS Ozone Park$135k
Mercy Pedalers IncSacramento$135k