Center for Nonprofit Excellence

Analysis

Center for Nonprofit Excellence is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Center for Nonprofit Excellence reported income of $2.5m and spending of $2.5m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $2.5m (+65%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 85%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Center for Nonprofit Excellence sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Florida Panthers Foundation Inc ($2.5m), Good Shepherd Fund ($2.5m) and Sunrise Enterprises Foundation ($2.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $271k (11% of expenses). Other salaries and wages came to $798k. It paid $59k in professional fundraising fees. At year end it held assets of $1.8m against liabilities of $203k, net assets of $1.6m. It reported 14 employees.