Syrian Community Network Inc

Analysis

Syrian Community Network Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Syrian Community Network Inc reported income of $1.2m and spending of $1.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $744k to $1.2m (+63%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 62%. Over the whole period it spent 88% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Syrian Community Network Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include Network of Chinese Human Rights Defenders Inc ($1.2m), Resound Corporation ($1.2m) and Amitofo Care Center International ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $397k (32% of expenses). Other salaries and wages came to $446k. At year end it held assets of $1.2m against liabilities of $284k, net assets of $943k. It reported 37 employees.