Awake Network Foundation

Analysis

Awake Network Foundation is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in April 2020, 6 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 2022, Awake Network Foundation reported income of $163k and spending of $190k, spending 117% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $156k to $163k (+4.2%), an average of +4.2% a year. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Awake Network Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 45th percentile within CO. Charities of a similar size with the same main cause include Friends Sharing Food Inc ($163k), Vigilant Torch Foundation ($163k) and Natchez Community Stewpot Inc ($163k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. At year end it held assets of $125k against liabilities of $0, net assets of $125k.