The Honor Network

Analysis

The Honor Network is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, The Honor Network reported income of $171k and spending of $200k, spending 117% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $238k to $171k (-28%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Honor Network sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Franklin-Simpson Community Arts Council Inc ($171k), Cherry Lane Alternative Inc ($171k) and American Society of Dowsers Inc ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.