School Discovery Network

Analysis

School Discovery Network is a registered charity in United States, based in San Antonio, 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, School Discovery Network reported income of $313k and spending of $315k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $221k to $313k (+42%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 32%. 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 Discovery Network sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Neosho County Community College Endowment Foundation ($313k), Excelsior Healthcareer Academy Inc ($313k) and Hot August Nights Foundation ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $120k (38% of expenses). At year end it held assets of $124k against liabilities of $2,271, net assets of $122k. It reported 2 employees.