Network for Strong Communities

Analysis

Network for Strong Communities is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Network for Strong Communities reported income of $1.3m and spending of $1.7m, spending 136% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $506k to $1.3m (+151%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 330%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Network for Strong Communities sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within MO. Charities of a similar size with the same main cause include Baller Dream Foundation ($1.3m), Suffolk Ahrc Foundation Inc ($1.3m) and Jacks Basket ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 43% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $367k (21% of expenses). Other salaries and wages came to $847k. It paid $4,168 in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $1.7m, net assets of $7,839.

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.