Puede Network

Analysis

Puede Network is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Puede Network reported income of $276k and spending of $212k, leaving 23% of income unspent that year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Puede Network 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 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Global Ecolabelling Network Inc ($276k), Bloomfield Development Corporation ($276k) and Charitable Friends of Ashley Valley ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $137k against liabilities of $137k, net assets of $0.