Network of Community Entrepreneurs

Analysis

Network of Community Entrepreneurs is a registered charity in United States, based in LA Canada Flintridge, CA. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2021, Network of Community Entrepreneurs reported income of $651k and spending of $661k, spending 102% of its income. Across the 2 years on record, from June 2020 to June 2021, income grew from $559k to $651k (+16%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Network of Community Entrepreneurs sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Wonder of Women International PC ($651k), Living Faith International ($651k) and San Antonio Marriage Initiative ($650k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 87% and program service revenue 8.2% of the total. Other salaries and wages came to $126k. At year end it held assets of $26k against liabilities of $75k, net assets of -$49k. It reported 10 employees.