Community Organization Networking Neighborhoods Encouraging Change

Analysis

Community Organization Networking Neighborhoods Encouraging Change is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Community Organization Networking Neighborhoods Encouraging Change reported income of $873k and spending of $806k, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $279k to $873k (+213%), an average of +46% a year. The sharpest change came in the year to December 2021, when income rose by 241%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Organization Networking Neighborhoods Encouraging Change sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Short Term Emergency Aid Committee ($873k), GCB Ent ($873k) and Night Stalker Foundation Inc ($873k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $94k (12% of expenses). Other salaries and wages came to $363k. At year end it held assets of $711k against liabilities of $185k, net assets of $526k. It reported 23 employees.