Center for Applied Science & Technology Network

Analysis

Center for Applied Science & Technology Network is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in August 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 June 2023, Center for Applied Science & Technology Network reported income of $3.6m and spending of $4.5m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.1m to $3.6m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2020, when income rose by 101%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Center for Applied Science & Technology Network 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 93rd percentile within TX. Charities of a similar size with the same main cause include Demedici Corporation II ($3.6m), Central Pennsylvania Digital Learning Foundation Charter School ($3.6m) and Open Books Ltd ($3.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $437k (9.7% of expenses). Other salaries and wages came to $571k. At year end it held assets of $1.4m against liabilities of $944k, net assets of $411k. It reported 8 employees.