Net Works Ministries Inc

Analysis

Net Works Ministries Inc is a registered charity in United States, based in Scappoose, OR. It received its IRS tax-exemption ruling in June 1992, 34 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, Net Works Ministries Inc reported income of $57k and spending of $55k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $44k to $57k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Net Works Ministries Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within OR. Charities of a similar size with the same main cause include The Washington State Chapter of the American Concrete Institute ($57k), International Festivals and Events Association Foundation ($57k) and Local 42 Community Assistance ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $7,465 against liabilities of $0, net assets of $7,465.