Community Outreach Network Services Inc

Analysis

Community Outreach Network Services Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 2000, 26 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 December 2023, Community Outreach Network Services Inc reported income of $188k and spending of $197k, spending 105% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $311k to $188k (-40%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 63%. Over the whole period it spent 157% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Outreach Network Services Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within IN. Charities of a similar size with the same main cause include Betteralife Inc ($188k), Tomche Shabbos of Middlesex County ($188k) and South End Cafe ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Other salaries and wages came to $132k. At year end it held assets of $59k against liabilities of $0, net assets of $59k. It reported 7 employees.

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.