Network Ministries

Analysis

Network Ministries is a registered charity in United States, based in Chambersburg, PA. It received its IRS tax-exemption ruling in July 1998, 28 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 December 2023, Network Ministries reported income of $373k and spending of $543k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $327k to $373k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Network Ministries sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include High Point Foundation ($373k), Shanthi Project ($373k) and Pendleton Foundation Inc ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $78k (14% of expenses). Other salaries and wages came to $212k. At year end it held assets of $827k against liabilities of $0, net assets of $827k. It reported 29 employees.