Assyrian Global Network Corporation

Analysis

Assyrian Global Network Corporation is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in May 2023, 3 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 December 2023, Assyrian Global Network Corporation reported income of $119k and spending of $73k, leaving 39% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $47k to $119k (+155%), an average of +60% a year. The sharpest change came in the year to December 2022, when income rose by 85%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Assyrian Global Network Corporation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Winn Inc ($119k), Hope for Los Cabos ($119k) and Finney County Childcare & Early Learning Network Inc ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $116k against liabilities of $10k, net assets of $106k.