The Signals Network Inc

Analysis

The Signals Network Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, The Signals Network Inc reported income of $2.2m and spending of $860k, leaving 60% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $456k to $2.2m (+374%), an average of +118% a year. The sharpest change came in the year to June 2023, when income rose by 258%. Over the whole period it spent 53% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, The Signals Network Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include National Coalition Against Censorship Inc ($2.2m), Cuban American Bar Association Probono Project Inc ($2.2m) and Coalition on Human Needs ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $124k (14% of expenses). Other salaries and wages came to $350k. At year end it held assets of $1.5m against liabilities of $59k, net assets of $1.5m. It reported 4 employees.