Network Time Foundation Inc

Analysis

Network Time Foundation Inc is a registered charity in United States, based in Talent, OR. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 Time Foundation Inc reported income of $291k and spending of $359k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $291k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Network Time Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within OR. Charities of a similar size with the same main cause include Cloud County Historical Society ($291k), The Glenwood Springs Historical Society Inc ($291k) and Sussex County Arts & Heritage Council ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $27k (7.6% of expenses). At year end it held assets of $124k against liabilities of $734k, net assets of -$610k.