Community Support Network Inc

Analysis

Community Support Network Inc is a registered charity in United States, based in Derry, NH. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Community Support Network Inc reported income of $1.1m and spending of $1.0m, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.4m to $1.1m (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2024, when income dropped by 29%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Community Support Network Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within NH. Charities of a similar size with the same main cause include Pennsylvania State Association of County Fairs ($1.1m), Business Professionals of America ($1.1m) and Refugee Artisan Initiative ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $205k (20% of expenses). Other salaries and wages came to $172k. At year end it held assets of $865k against liabilities of $430k, net assets of $435k. It reported 11 employees.