Career & Networking Center

Analysis

Career & Networking Center is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Career & Networking Center reported income of $162k and spending of $192k, spending 118% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $246k to $162k (-34%), an average of -9.9% a year. The sharpest change came in the year to June 2022, when income dropped by 18%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Career & Networking Center sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within IL. Charities of a similar size with the same main cause include League of Very Ordinary Gentlemen NFP ($162k), Anchorage Mayors Charity Ball ($162k) and Burbank First United Methodist Church Foundation ($162k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $90k (47% of expenses). Other salaries and wages came to $57k. At year end it held assets of $140k against liabilities of $0, net assets of $140k. It reported 7 employees.