Mended Network

Analysis

Mended Network is a registered charity in United States, based in Burleson, TX. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Mended Network reported income of $111k and spending of $146k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $149k to $111k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mended Network sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Friends of the Plano Public Library ($111k), Bristol Fire Co ($111k) and Friends of the Hilton Head Library ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $70k against liabilities of $1,702, net assets of $68k.