Providers Nutrition Network Inc

Analysis

Providers Nutrition Network Inc is a registered charity in United States, based in Newington, CT. It received its IRS tax-exemption ruling in October 1985, 41 years ago. 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 September 2023, Providers Nutrition Network Inc reported income of $3.3m and spending of $3.3m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.0m to $3.3m (+62%), an average of +13% a year. The sharpest change came in the year to September 2023, when income rose by 33%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Providers Nutrition Network Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within CT. Charities of a similar size with the same main cause include Rural Water Association of Utah ($3.3m), Family Promise of Morris County Inc ($3.3m) and LA Canada Flintridge Educational Foundation ($3.3m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $310k against liabilities of $311k, net assets of -$360.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.