Strategic Launch Network

Analysis

Strategic Launch Network is a registered charity in United States, based in Rockwall, TX. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Strategic Launch Network reported income of $3.7m and spending of $1.3m, leaving 66% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $952k to $3.7m (+292%), an average of +292% a year. The sharpest change came in the year to December 2023, when income rose by 292%. Over the whole period it spent 32% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Strategic Launch Network sits at the 98th percentile: it is larger than about 98% 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 Do Good in His Name Inc ($3.7m), Michindoh Conference Center ($3.7m) and Serving USA Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m.