Network of Educational Teams Inc N E T

Analysis

Network of Educational Teams Inc N E T is a registered charity in United States, based in Anaheim, CA. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Network of Educational Teams Inc N E T reported income of $58k and spending of $86k, spending 148% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $64k to $58k (-8.6%), an average of -8.6% a year. Over the whole period it spent 145% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Network of Educational Teams Inc N E T sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Libraries of Montrose County Foundation ($58k), Grambling Legends ($58k) and Glenvar Youth Boosters Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $16k against liabilities of $43k, net assets of -$28k.