National Coalition of Black Meeting Planners Inc

Analysis

National Coalition of Black Meeting Planners Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in September 1988, 38 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, National Coalition of Black Meeting Planners Inc reported income of $1.2m and spending of $775k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $364k to $1.2m (+240%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 311%. Over the whole period it spent 81% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, National Coalition of Black Meeting Planners Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Norwich Building Tomorrow Foundation Inc ($1.2m), Neighborhood Network Center Inc ($1.2m) and Central Area Neighborhood Development Organization ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. At year end it held assets of $571k against liabilities of $0, net assets of $571k.