Network Group Inc

Analysis

Network Group Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 Group Inc reported income of $2.5m and spending of $2.7m, spending 109% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $2.7m to $2.5m (-7.0%), an average of -2.4% a year. The sharpest change came in the year to December 2022, when income dropped by 22%. Over the whole period it spent 84% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Network Group Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Safe and Sound a Sandy Hook Initiative Inc ($2.5m), Jackson County Casa ($2.5m) and Womens Law Project ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $336k (12% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.1m against liabilities of $380k, net assets of $1.7m. It reported 17 employees.