Mates Community Network

Analysis

Mates Community Network is a registered charity in United States, based in Thousand Oaks, CA. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Mates Community Network reported income of $213k and spending of $216k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $103k to $213k (+106%), an average of +20% a year. The sharpest change came in the year to June 2023, when income dropped by 100%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mates Community Network sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Grafton High Band Parents Association ($213k), Robotics Inspiring Science and Engineering Inc ($213k) and Marco Island Rotary Club Foundation Inc ($213k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.