National Network of Abortion Funds

Analysis

National Network of Abortion Funds is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1994, 32 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 June 2023, National Network of Abortion Funds reported income of $1.8m and spending of $1.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $287k to $1.8m (+515%), an average of +58% a year. The sharpest change came in the year to June 2022, when income rose by 196%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Network of Abortion Funds sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Mighell Fund Inc ($1.8m), Boys & Girls Club of Greater Kingsport Inc ($1.8m) and New Horizons Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $99k (6.2% of expenses). At year end it held assets of $842k against liabilities of $57k, net assets of $785k. It reported 1 employees.