Churches Outreach Network

Analysis

Churches Outreach Network is a registered charity in United States, based in Greenville, NC. It received its IRS tax-exemption ruling in August 2009, 17 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, Churches Outreach Network reported income of $174k and spending of $166k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $304k to $174k (-43%), an average of -17% a year. The sharpest change came in the year to December 2021, when income dropped by 23%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Churches Outreach Network sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include Family Promise of Greater Concord Inc ($174k), York County Special Housing Inc ($174k) and Children of War Foundation ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $175k against liabilities of $0, net assets of $175k.