Network for Change and Continuous Innovation Inc

Analysis

Network for Change and Continuous Innovation Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in November 2004, 22 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, Network for Change and Continuous Innovation Inc reported income of $193k and spending of $217k, spending 112% of what it took in. Across the 5 years on record, from August 2019 to June 2023, income fell from $393k to $193k (-51%), an average of -16% a year. The sharpest change came in the year to June 2023, when income rose by 109%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Network for Change and Continuous Innovation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within IN. Charities of a similar size with the same main cause include LA Verne Band Boosters Association ($193k), Level 9 Corporation ($193k) and Educational Support Organization Inc ($193k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 28% of the total. At year end it held assets of $442k against liabilities of $184k, net assets of $257k.

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.