Daily Office Network Inc

Analysis

Daily Office Network Inc is a registered charity in United States, based in Sartell, MN. It received its IRS tax-exemption ruling in July 2021, 5 years ago. 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, Daily Office Network Inc reported income of $84k and spending of $73k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $84k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Daily Office Network Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MN. Charities of a similar size with the same main cause include Little League Baseball Inc ($84k), China Alley Preservation Society ($84k) and Manistee County Agricultural Society ($84k).

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 $96k against liabilities of $0, net assets of $96k.