Macon County Care Network

Analysis

Macon County Care Network is a registered charity in United States, based in Franklin, NC. It received its IRS tax-exemption ruling in September 1989, 37 years ago. 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, Macon County Care Network reported income of $355k and spending of $370k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $412k to $355k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Macon County Care Network sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include The Shepherds Center of Richmond ($355k), Spokes Unlimited ($355k) and Fresno New Creation Ministries Inc ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $47k (13% of expenses). Other salaries and wages came to $66k. At year end it held assets of $586k against liabilities of $2,799, net assets of $583k. It reported 14 employees.