Generation Schools Network Inc

Analysis

Generation Schools Network Inc is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in March 2007, 19 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, Generation Schools Network Inc reported income of $3.7m and spending of $3.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $3.7m (+160%), an average of +27% a year. The sharpest change came in the year to June 2020, when income rose by 71%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Generation Schools Network Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Uab Athletics Foundation ($3.7m), J Sargeant Reynolds Community ($3.7m) and Princeton Junior School Inc ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $268k (7.2% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.6m against liabilities of $359k, net assets of $1.2m. It reported 41 employees.