Stark Housing Network Inc

Analysis

Stark Housing Network Inc is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in April 2017, 9 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, Stark Housing Network Inc reported income of $534k and spending of $334k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $264k to $534k (+102%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 160%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Stark Housing Network Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Spread Hope Now Inc ($534k), Academy for Children II ($534k) and Leadership Edge Inc ($534k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $120k (36% of expenses). Other salaries and wages came to $54k. At year end it held assets of $500k against liabilities of $629, net assets of $499k. It reported 2 employees.