Network Housing 94 Sixth Street Inc

Analysis

Network Housing 94 Sixth Street Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in June 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Network Housing 94 Sixth Street Inc reported income of $181k and spending of $216k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $181k (+3.5%), an average of +0.9% a year. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Network Housing 94 Sixth Street Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include Seeds of Hope Nigeria ($181k), Kiwanis Club of South Lake Foundation Inc ($181k) and Ida and Asset Building Collaborative of North Carolina ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 33% of the total. At year end it held assets of $517k against liabilities of $93k, net assets of $423k.

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.