Rural Homeless Network Inc

Analysis

Rural Homeless Network Inc is a registered charity in United States, based in Kirbyville, TX. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rural Homeless Network Inc reported income of $56k and spending of $3,153, leaving 94% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $56k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 34% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rural Homeless Network Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Kitsap Family YMCA Foundation ($56k), Phi Kappa Theta Iowa XI Foundation ($56k) and National League of Young Men Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. At year end it held assets of $220k against liabilities of $0, net assets of $220k.