Friends of the Childrens Network of Stark County Inc

Analysis

Friends of the Childrens Network of Stark County Inc is a registered charity in United States, based in Hartville, OH. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Friends of the Childrens Network of Stark County Inc reported income of $109k and spending of $108k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $152k to $109k (-29%), an average of -28% a year. The sharpest change came in the year to June 2024, when income dropped by 29%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of the Childrens Network of Stark County Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 40th percentile within OH. Charities of a similar size with the same main cause include House of Joy Inc ($109k), United Chinese Society of Hawaii the Chun Wa Hui Quon ($109k) and Olde Towne Preservation Association of North Augusta ($109k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 19% of the total. At year end it held assets of $339k against liabilities of $0, net assets of $339k.