Netcasters Inc

Analysis

Netcasters Inc is a registered charity in United States, based in Hernando, MS. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Netcasters Inc reported income of $154k and spending of $175k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $154k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 109% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Netcasters Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within MS. Charities of a similar size with the same main cause include Catholic Mission Network Inc ($154k), Rephidim Project ($154k) and Wine Women in the New Evangelization ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.