Social Services Network Inc

Analysis

Social Services Network Inc is a registered charity in United States, based in Brockton, MA. It received its IRS tax-exemption ruling in November 2010, 16 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 June 2024, Social Services Network Inc reported income of $1.2m and spending of $1.2m, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $990k to $1.2m (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2024, when income rose by 31%. 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, Social Services Network Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MA. Charities of a similar size with the same main cause include Domestic Violence Prevention Inc ($1.2m), Norwood Senior Services Association ($1.2m) and Enon Coulter Development Corporation ($1.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $606k. At year end it held assets of $322k against liabilities of $174k, net assets of $148k.