Shining Stars Network Inc

Analysis

Shining Stars Network Inc is a registered charity in United States, based in Colonia, NJ. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Shining Stars Network Inc reported income of $120k and spending of $122k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $120k (+91%), an average of +92% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Shining Stars Network Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 50th percentile within NJ. Charities of a similar size with the same main cause include Helix Collective ($120k), My World Discovery Museum ($120k) and Lahaina Arts Guild ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $23k against liabilities of $0, net assets of $23k.