Head Starter Network

Analysis

Head Starter Network is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Head Starter Network reported income of $96k and spending of $96k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $48k to $96k (+99%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 224%. Over the whole period it spent 262% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Head Starter Network sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within VA. Charities of a similar size with the same main cause include San Francisco Fire Youth Academy ($96k), Leaving the Streets Ministries Inc ($96k) and Bridgeswork ($96k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $232k against liabilities of $213k, net assets of $19k.