National Steering Comm of the Assoc for the Imprvmt of Minorits in Irs

Analysis

National Steering Comm of the Assoc for the Imprvmt of Minorits in Irs is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in April 1982, 44 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Steering Comm of the Assoc for the Imprvmt of Minorits in Irs reported income of $54k and spending of $66k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $93k to $54k (-42%), an average of -13% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, National Steering Comm of the Assoc for the Imprvmt of Minorits in Irs sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Greater Washington Foundation of Insurance and Financial Advisors I ($54k), Gainesville Industrial and Community Development Authority ($54k) and Foundation of Economic Development Company of Lancaster C ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.