Antioch Network Inc

Analysis

Antioch Network Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in February 1990, 36 years ago. 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 December 2023, Antioch Network Inc reported income of $1.4m and spending of $1.4m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.4m (+8.1%), an average of +2.0% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Antioch Network Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 86th percentile within TX. Charities of a similar size with the same main cause include Neskowin Coast Foundation ($1.4m), Allegheny West Foundation ($1.4m) and Association of Wisconsin Snowmobile Clubs Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $248k (17% of expenses). Other salaries and wages came to $381k. At year end it held assets of $722k against liabilities of $5,621, net assets of $717k. It reported 13 employees.