Network of Nations
Analysis
Network of Nations is a registered charity in United States, based in Dekalb, IL. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Network of Nations reported income of $86k and spending of $82k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $86k (+11%), an average of +11% a year. Over the whole period it spent 95% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Network of Nations sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include PD Hemlani Foundation Ltd ($86k), African Reflections Foundation Inc ($86k) and Highlands Bolivian Mission Inc ($86k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $23k against liabilities of $1,592, net assets of $21k.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Other 6.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| PD Hemlani Foundation Ltd | Tamuning | $86k |
| African Reflections Foundation Inc | Guilderland | $86k |
| Highlands Bolivian Mission Inc | Highlands | $86k |
| Nigerian American Multicultural Center Namc Inc | Houston | $86k |