Profound Community Networkers Inc

Analysis

Profound Community Networkers Inc is a registered charity in United States, based in Covington, GA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2020, Profound Community Networkers Inc reported income of $115k and spending of $122k, spending 106% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $430k to $115k (-73%), an average of -73% a year. The sharpest change came in the year to December 2020, when income dropped by 73%. Over the whole period it spent 120% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Profound Community Networkers Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within GA. Charities of a similar size with the same main cause include Girls on the Run of Spokane County ($115k), Regents of the University of Minnesota ($115k) and Hidalgo Community Development Corporation ($114k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.