North Central Kansas Community Network Co

Analysis

North Central Kansas Community Network Co is a registered charity in United States, based in Beloit, KS. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, North Central Kansas Community Network Co reported income of $806k and spending of $1.2m, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $603k to $806k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2022, when income rose by 136%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, North Central Kansas Community Network Co sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within KS. Charities of a similar size with the same main cause include Tahoe Maritime Foundation ($806k), Fairview Foundation ($807k) and United Way of Ross County Inc ($805k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.9% and program service revenue 88% of the total. At year end it held assets of $3.0m against liabilities of $209k, net assets of $2.8m.