Sisters Network

Analysis

Sisters Network is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1996, 30 years ago. 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, Sisters Network reported income of $69k and spending of $31k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $111k to $69k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sisters Network sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within IL. Charities of a similar size with the same main cause include Help of Carpinteria ($69k), Society of American Military Engineers ($69k) and Wheels From the Heart Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 121% of the total. At year end it held assets of $199k against liabilities of $0, net assets of $199k.