NRB Network Inc

Analysis

NRB Network Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, NRB Network Inc reported income of $2.4m and spending of $2.4m, spending 102% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $2.2m to $2.4m (+8.0%), an average of +1.6% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, NRB Network Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Dial a Bus Inc ($2.4m), Vineyard Family Services of Central Alabama Inc ($2.4m) and Caritas of Port Chester Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $293k (12% of expenses). Other salaries and wages came to $804k. At year end it held assets of $1.1m against liabilities of $350k, net assets of $789k. It reported 12 employees.