The Pregnancy Network Inc

Analysis

The Pregnancy Network Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in July 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, The Pregnancy Network Inc reported income of $1.3m and spending of $1.8m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $907k to $1.3m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Pregnancy Network Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Institute for Accountable Care ($1.3m), Westmoreland Hospital Foundation ($1.3m) and St Josephs Center Auxiliary ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $109k (6.0% of expenses). Other salaries and wages came to $898k. At year end it held assets of $1.3m against liabilities of $390k, net assets of $939k. It reported 30 employees.