Community Resource Network

Analysis

Community Resource Network is a registered charity in United States, based in Mill Creek, WA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Community Resource Network reported income of $2.3m and spending of $2.3m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.2m to $2.3m (+4.5%), an average of +1.1% a year. The sharpest change came in the year to September 2021, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Resource Network sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include Gifford Youth Achievement Center Inc ($2.3m), Adoption S T a R Inc ($2.3m) and Classical Tahoe ($2.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.