Healthy Teen Network Inc

Analysis

Healthy Teen Network Inc is a registered charity in United States, based in Churchville, MD. It received its IRS tax-exemption ruling in July 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Healthy Teen Network Inc reported income of $2.6m and spending of $2.6m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.1m to $2.6m (+27%), an average of +6.2% a year. The sharpest change came in the year to September 2023, when income rose by 29%. 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, Healthy Teen Network Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MD. Charities of a similar size with the same main cause include Cross-Lines Community Outreach Inc ($2.6m), Sojourner Truth House Inc ($2.6m) and Cabarrus County Group Homes Inc ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $143k (5.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $982k against liabilities of $862k, net assets of $120k. It reported 15 employees.