Student1

Analysis

Student1 is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 2018, 8 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, Student1 reported income of $972k and spending of $718k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $972k (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income dropped by 24%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Student1 sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within TX. Charities of a similar size with the same main cause include Promise Academy ($972k), Nw-Links ($972k) and Lmta Foundation Inc ($972k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $362k (50% of expenses). Other salaries and wages came to $30k. At year end it held assets of $592k against liabilities of $24k, net assets of $568k. It reported 3 employees.