Net Work Limited Inc

Analysis

Net Work Limited Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in June 1999, 27 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Net Work Limited Inc reported income of $56k and spending of $47k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $56k (+7.2%), an average of +7.2% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Net Work Limited Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Arlington County Bar Foundation ($56k), Ponca City Meals-On-Wheels Inc ($56k) and Carter Nelson Memorial ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.