Network of Community Options Inc

Analysis

Network of Community Options Inc is a registered charity in United States, based in Batesville, AR. It received its IRS tax-exemption ruling in February 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Network of Community Options Inc reported income of $11.1m and spending of $11.2m, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $9.8m to $11.1m (+14%), an average of +3.3% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Network of Community Options Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within AR. Charities of a similar size with the same main cause include Youth Research Inc ($11.1m), Jewish Home Assisted Living ($11.1m) and Community Action Program Inc of Western Indiana ($11.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $101k (0.9% of expenses). Other salaries and wages came to $8.4m. At year end it held assets of $6.1m against liabilities of $968k, net assets of $5.2m. It reported 469 employees.