Network Housing 96 Inc

Analysis

Network Housing 96 Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Network Housing 96 Inc reported income of $245k and spending of $304k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $225k to $245k (+9.0%), an average of +2.2% a year. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Network Housing 96 Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OH. Charities of a similar size with the same main cause include Kanehili Community Association ($245k), Helping Hands Fund ($245k) and Otr Adopt Inc ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. At year end it held assets of $1.0m against liabilities of $148k, net assets of $863k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.