Duke Affiliations Network Inc

Analysis

Duke Affiliations Network Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Duke Affiliations Network Inc reported income of $6.2m and spending of $8.9m, spending 142% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.2m to $6.2m (+98%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 134%. Over the whole period it spent 120% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Duke Affiliations Network Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NC. Charities of a similar size with the same main cause include Pennyroyal Healthcare Services Inc ($6.2m), National Family Planning & Reproductive Health Assoc Inc ($6.2m) and North Shore- Lij Medical Group at North Nassau PC ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $19.1m against liabilities of $2.4m, net assets of $16.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.