National Center on Philanthropy and the Law Inc

Analysis

National Center on Philanthropy and the Law Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, National Center on Philanthropy and the Law Inc reported income of $1.3m and spending of $977k, leaving 25% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $843k to $1.3m (+54%), an average of +11% a year. The sharpest change came in the year to August 2022, when income rose by 177%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Center on Philanthropy and the Law Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Kentucky Shakespeare Festival Inc ($1.3m), Marine Applied Research and Exploration ($1.3m) and 10 Talents ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $8.7m against liabilities of $941k, net assets of $7.8m.