Providers Network Inc

Analysis

Providers Network Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 September 2023, Providers Network Inc reported income of $2.3m and spending of $2.3m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.0m to $2.3m (+15%), an average of +3.6% a year. The sharpest change came in the year to September 2023, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Providers Network Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within NE. Charities of a similar size with the same main cause include The Multicultural Center of Marin Inc ($2.3m), Campbell County Senior Citizens Association Inc ($2.3m) and Huffer Memorial Childrens Center Inc ($2.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $71k (3.1% of expenses). Other salaries and wages came to $107k. At year end it held assets of $554k against liabilities of $496k, net assets of $58k. It reported 5 employees.